HKEX Reports Slight Fall In Q1 Revenue, Subdued Market Conditions Blamed

[kreslik.news]

Stock exchange group, Hong Kong Exchanges and Clearing Limited (HKEX), has announced its Q1 2016 financial metrics ending 31st March. The results reflect generally subdued market conditions, both locally and globally, highlighted in overall trading activity and the group’s overall revenue which fell marginally below that achieved in Q1 2015.

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Revenue

Revenue for Q1 2016 was $2,530 million, slightly lower than $2,604 million in Q1 2015 or a 2.8 percent fall. The numbers benefited from an exceptional ... (read more)