Hong Kong Exchanges and Clearing Limited (HKG:0388)
| Market Cap | 506.12B -8.1% |
| Revenue (ttm) | 30.20B +26.3% |
| Net Income | 18.87B +33.3% |
| EPS | 14.88 +33.2% |
| Shares Out | 1.26B |
| PE Ratio | 26.91 |
| Forward PE | 27.61 |
| Dividend | 13.04 (3.27%) |
| Ex-Dividend Date | Mar 11, 2026 |
| Volume | 2,593,352 |
| Open | 397.00 |
| Previous Close | 399.00 |
| Day's Range | 395.80 - 403.00 |
| 52-Week Range | 360.00 - 466.00 |
| Beta | 0.92 |
| Analysts | Strong Buy |
| Price Target | 515.29 (+28.69%) |
| Earnings Date | Aug 19, 2026 |
About HKG:0388
Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock and futures exchanges, and related clearing houses in Hong Kong, the United Kingdom, and Mainland China. It operates through Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivity segments. The Cash segment covers various equity products traded on the cash market platforms of the Stock Exchange of Hong Kong Limited, as well as through the Shanghai-Hong Kong and the Shenzhen-Hong Kong stock connects; clearing, settlement and ... [Read more]
Financial Performance
In 2025, HKG:0388's revenue was 28.86 billion, an increase of 29.56% compared to the previous year's 22.27 billion. Earnings were 17.75 billion, an increase of 36.05%.
Financial StatementsAnalyst Summary
According to 19 analysts, the average rating for 0388 stock is "Strong Buy." The 12-month stock price target is $515.29, which is an increase of 28.69% from the latest price.
News
Hong Kong exchange’s biggest reform in 8 years opens gates to more IPOs
Stock exchange operator Hong Kong Exchanges and Clearing (HKEX) will allow all listing applications to remain confidential and will reduce market-capitalisation requirements for listings by start-ups ...
Path opened for Malaysian firms to pursue secondary share listings in Hong Kong
Hong Kong is reaping rewards from a charm offensive with Malaysia as it works to enhance its attractiveness to global fundraising activities, with deals reached on Thursday during a visit to the South...
HKEX to allow confidential filings, lower market cap threshold for start-ups, sources say
Hong Kong Exchanges and Clearing (HKEX) would proceed with its listing reform to allow confidential filings and a lower market capitalisation requirement, as part of the exchange operator’s plan to in...
Hong Kong bourse operator weighs longer trading hours to sharpen hub edge, sources say
Bourse operator Hong Kong Exchanges and Clearing (HKEX) is considering extending trading hours to align with moves by global peers and sharpen the city’s competitiveness as an international financial ...
Why buyout funds, not IPOs, may define China’s next capital market cycle: Zhang Yichen
Zhang Yichen is chairman and CEO of Citic Capital Holdings, one of the leading players in China’s capital market, and the chairman of Trustar Capital. He heads several companies, including the McDonal...
Shein passes hearing for Hong Kong listing as valuation halves to below US$50b, sources say
Online fast-fashion giant Shein has cleared its listing hearing with the Hong Kong stock exchange, according to people familiar with the matter, bringing it a step closer to an initial public offering...
AI, chip boom is lifting Hong Kong’s ETP market to new heights: HKEX director
Investor appetite for artificial intelligence and semiconductor plays will continue to drive fast growth in Hong Kong’s exchange-traded products (ETP) market in the second half of the year, strengthen...
Citic Capital CEO on making China a financial powerhouse
Zhang Yichen is chairman and CEO of Citic Capital Holdings, one of the leading players in China’s capital market, and the chairman of Trustar Capital. He heads several companies, including the McDonal...
Hong Kong exchange returns IPO application sponsored by top Chinese investment bank
The Hong Kong stock exchange has returned an IPO application sponsored by China’s leading investment bank, sending a strong signal of increased scrutiny. The listing application for Inner Mongolia Xin...
Goldman Sachs backs HKEX with buy rating, citing Beijing’s policy support, AI stock boost
Wall Street investment bank Goldman Sachs has cast a vote of confidence in Hong Kong’s financial future by reaffirming its buy rating on Hong Kong Exchanges and Clearing (HKEX), as Beijing ramps up po...
As consumption worries persist, Hong Kong investors shun mainland Chinese F&B stocks
Mainland Chinese food and beverage (F&B) brands are struggling to win over Hong Kong investors, as persistent market concerns over the country’s weak consumption weigh on valuations. While more than 1...
Hong Kong US dollar gold futures trading hits record high ahead of clearing system launch
Hong Kong’s gold futures trading has surged on the back of a fee waiver and as the city government presses ahead with plans to become an international trading hub for the precious metal, with volumes ...
Kuaishou files US$3 billion Kling AI funding round to Hong Kong stock exchange
Chinese short video giant Kuaishou said on Thursday evening that its artificial intelligence video arm, Kling AI, was seeking to raise around US$3 billion in its first external fundraising round, acco...
Clogged pipeline: Many Hong Kong IPO hopefuls near application expiration
A large number of mainland Chinese companies hoping to list shares on the Hong Kong stock exchange are anxiously waiting for a nod from the mainland securities regulator, with many now at risk of havi...
Growth agenda: Hong Kong vows stronger exchange with reforms, bond futures and gold push
Hong Kong is pressing ahead with an overhaul of listing rules and the launch of new product initiatives, the city’s deputy finance chief said on Friday as the bourse operator marked 26 years as a publ...
HKEX to Debut China Government Bond Futures on 3 August 2026
Important addition to China-related risk management tools offered by HKEX Supporting growth of Hong Kong's RMB product ecosystem HONG KONG, June 18, 2026 /PRNewswire/ -- Hong Kong Exchanges and Cleari...