Hong Kong Exchange Operator Posts Record Quarter on Strong Trading, IPO Activity - WSJ
1. HKEX reported a 37% net profit increase to HK$4.08 billion. 2. Average daily turnover doubled to a record HK$242.7 billion. 3. Seventeen new listings raised HK$18.7 billion, indicating strong IPO activity. 4. U.S.-China trade tensions could suppress investor sentiment in the near term. 5. Shares of HKEX increased by 16%, outperforming the Hang Seng Index.