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Hong Kong Stock Exchange records first profit in three quarters, number of IPOs increases


Hong Kong Stock Exchange records first profit in three quarters, number of IPOs increases

By Selena Li HONG KONG (Reuters) – The Hong Kong Stock Exchange posted its first profit increase in three quarters, reporting record turnover and revenue for the April-June period as IPO and trading activity improved. Hong Kong Exchanges and Clearing (HKEX) net profit rose 9% year-on-year to HK$3.16 billion (US$405 million), on revenues up 7%. […]