What does Hong Kong Exchanges and Clearing do?

HKEX runs the marketplaces where stocks, futures, options and other financial products are listed and traded in Hong Kong. It also clears and settles those trades, and it links investors in Hong Kong and Mainland China through the Shanghai and Shenzhen Stock Connect programs. It also runs a metals futures exchange in the UK and a commodity trading platform in Mainland China.

Financial Services · Financial Data & Stock Exchanges · 0388.HK

What Hong Kong Exchanges and Clearing Does & How It Makes Money (0388.HK)

Updated October 2026 · reflects Hong Kong Exchanges and Clearing's latest reported financials

Operator of Hong Kong's stock and derivatives exchanges and clearing houses. It earns fees from trading, clearing, settlement, custody and listing services across its cash, derivatives and commodities markets.

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How Hong Kong Exchanges and Clearing makes money

It earns fees from trading, clearing, settlement, custody and listing services across its cash, derivatives and commodities markets. It also charges for market data, network connectivity, terminals and hosting.

What Hong Kong Exchanges and Clearing does

Hong Kong Exchanges and Clearing (HKEX) owns and operates stock and futures exchanges and their clearing houses in Hong Kong, the United Kingdom and Mainland China. Its Cash segment covers equity trading on the Stock Exchange of Hong Kong and through the Shanghai and Shenzhen Stock Connects, along with listing, clearing, settlement, custody, depository and nominee services. The Equity and Financial Derivatives segment runs trading and clearing for index and stock futures and options, derivative warrants, callable bull/bear contracts and OTC derivatives. The Commodities segment runs a UK exchange for base and ferrous metals futures and options, as well as Qianhai Mercantile Exchange in Mainland China. The Data and Connectivity segment sells Hong Kong market data and provides platform access, network, terminal, software and hosting services, including through BayConnect Technology. HKEX serves both issuers and investors. It was incorporated in 1999 and is based in Central, Hong Kong.

Products & services

Stock Exchange of Hong Kong cash market
Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect
Equity index and stock futures and options
Derivative warrants and callable bull/bear contracts
UK base and ferrous metals futures exchange
Qianhai Mercantile Exchange

What is Hong Kong Exchanges and Clearing worth?

Fair value: not published

A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.

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Sector Financial Services Industry Financial Data & Stock Exchanges HQ Hong Kong Ticker 0388.HK Official site

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Intercontinental Exchange (ICE) · CME (CME) · Cboe Global Markets (CBOE)

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