Stock market situation: Hong Kong Exchange and Clearing Limited (00388) rose more than 3%, and its earnings for mid-August will be released. CICC predicts that its Q2 profit will increase by 7% YoY.

Hong Kong Exchanges and Clearing Limited (00388) has risen by over 3%. As of press time, it has risen by 3.07% to HKD 248.8 with a turnover of HKD 0.916 billion.

Zhitong FinanceJul 11 03:05 ET

CICC: Maintains "outperform" rating on HKEX (00388) with a target price of HKD 310.

CICC predicts that in the second quarter, the main fee income of HKEX will increase by 9% year-on-year and quarter-on-quarter, raising its profit forecast for this year by 3% to 12.6 billion yuan, and raising it by 2% to 13.6 billion yuan next year.

Zhitong FinanceJul 8 23:10 ET

Charles Li, CEO of HKEX (00388), announced that HKEX is preparing to launch 10-year treasury futures.

King Wencun News | Charles Li, the CEO of Hong Kong Stock Exchange (00388), said in a forum speech that the company is actively preparing to launch 10-year Treasury bond futures in Hong Kong. He believes that this can provide another tool for international investors to manage the interest rate risk of RMB assets, attract more foreign investment in the Chinese bond market, and promote the further opening of the Chinese financial market and the internationalization of RMB. Li pointed out that Bond Connect is an important bridge connecting domestic and foreign financial markets, and in the past year, he saw a significant increase in foreign holdings of Chinese bonds, with overseas institutions holding a scale of 4.3 trillion yuan (RMB) in Chinese interbank bonds.

金吾財訊Jul 8 23:01 ET

BeiShui trends: net buying of 2.175 billion yuan by BeiShui, added position in Cosco Shipping Holdings (01919) after the sharp drop, and Hong Kong Exchanges and Clearing (00388) was sold off.

On July 8th, the Hong Kong stock market saw a net buying of 2.175 billion Hong Kong dollars by northern funds, of which the trading volume of the Hong Kong Stock Connect (Shanghai) was a net buying of 0.916 billion Hong Kong dollars, and that of the Hong Kong Stock Connect (Shenzhen) was a net buying of 1.259 billion Hong Kong dollars.

Zhitong FinanceJul 8 05:48 ET

Southern funds continued to increase their positions in China Construction Bank and Industrial and Commercial Bank of China, while reducing their positions in HSBC and Hong Kong Stock Exchange.

Southbound funds net bought Hong Kong stocks with a total of 2.175 billion Hong Kong dollars today. Among them: China Mobile net bought 0.203 billion, China Construction Bank net bought 0.167 billion, COSCO Shipping Holdings net bought 0.145 billion, and Industrial and Commercial Bank of China net bought 0.132 billion; HSBC Holdings net sold 0.225 billion, HKEX net sold 0.217 billion, Meituan net sold 0.158 billion. According to the statistics, Southbound funds have net bought China Construction Bank for 15 consecutive days, with a total of 6.86383 billion Hong Kong dollars; and net bought Industrial and Commercial Bank of China for 14 consecutive days, with a total of 6.25877 billion Hong Kong dollars.

Gelonghui FinanceJul 8 05:45 ET

hkex (00388): Securities market average daily turnover in June was 111.2 billion yuan, an increase of 11% year-on-year.

HKEX (00388) announced that the market capitalization of the securities market was 32.1 trillion yuan at the end of June 2024. The average daily turnover in June was 111.2 billion yuan, an increase of 11% compared to 99.8 billion yuan in the same period last year. The average daily turnover for the first half of the year was 110.4 billion yuan; the average daily turnover of trading funds on the exchange was 11.9 billion yuan, a 2% increase from the same period last year; the average daily turnover of leveraged and inverse products was 2.4 billion yuan, a 9% increase from the same period last year; the average daily turnover of bonds was 0.53 billion yuan, an increase from the same period last year.

金吾財訊Jul 5 05:26 ET