Summary by Moomoo AI
Hkex announced its third-quarter performance on September 30, 2024, with CEO Bonnie Chan Yi-ting stating that both income and profits for the first nine months reached the second-highest record ever. With the stimulus measures in mainland China and the impact of global central bank monetary easing policies, market vitality has strengthened, with robust market volumes across all markets, especially in the spot, derivative products, ETP, and the Shanghai-Hong Kong Stock Connect markets. The commodity market also showed strong performance, with the London Metal Exchange (LME) average daily trading volume increasing by 25% year-on-year. In addition, the largest in Asia and second largest in the world in terms of new listings activity, along with alibaba's dual primary listing and inclusion in the Hong Kong Stock Connect program, further solidified Hong Kong's position as the preferred new listing fundraising center in Asia. Looking ahead, Hkex will continue to enhance market vitality, resilience, and competitiveness, while preparing to address challenges posed by changes in the macro environment.
