Trading

Hong Kong Exchange results get lift from Shanghai stock link

The launch of a mutual market-access programme with Shanghai proved a draw for mainland investors

Hong Kong Exchange results get lift from Shanghai stock link

Hong Kong Exchanges & Clearing, the city’s stock-exchange operator, reported a jump in trading activity in 2014 as the launch of a mutual market-access program with Shanghai proved a draw for mainland investors, while a new clearing subsidiary boosted revenue from its ownership of the London Metal Exchange.

HKEx reported profit attributable to shareholders of HK$5.16 billion ($665 million) during 2014, 13.5% higher than the previous year.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump