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%. […]