HKEX Reports 24% Jump in Revenue for H1 2021

Hong Kong Exchanges and Clearing Limited (HKEX) recently announced its financial figures for the first half year of 2021 ended 30 June, showing a signicant jump in revenue and profits. 

More specifically, the operator recorded revenue and other income of HK$10,909 million, 24 percent higher than the first six months of 2020. Operating expenses were 9 percent higher than 1H 2020 to reach HK$2,221 million. EBITDA margin totaled 79 percent, up 2 percent on a YoY basis. Moreover, profit attributable to shareholders rose to HK$6,610 million, 26 percent higher than the previous year.

"Markets throughout the first half of the year have remained volatile, reflecting concerns over the path to recovery from the pandemic, continued fragile global geopolitics and concerns over rising inflation levels around the world,” HKEX Chairman, Laura Cha said, "HKEX has successfully both maintained its resiliency and driven new market and product initiatives and programs."

As Fazzaco reported earlier,HKEX has established a Mainland China Advisory Group (Advisory Group)​. The Advisory Group comprises senior industry experts with deep China market knowledge and experience, who will act as advisors to the Board of HKEX on the development of China’s financial markets and economy.