HKEX posted new records in revenue and profits in 2018 thanks to strong cash and derivatives market turnover and another stellar year in our IPO market.
Our full year revenue reached HK$15.9 billion, up 20 per cent on the previous year, with net profit surging 26 per cent to HK$9.3 billion, the strongest ever.
“This was an excellent year for the company,” said HKEX Chief Executive Charles Li. “Record volumes in our Cash Market, record volumes in our Derivatives Market and a world-leading IPO market that welcomed 218 companies, including seven under our new listing chapters, resulted in a 26 per cent uplift in profit for the year.
“The market outlook for 2019 looks set to be more challenging, but we are confident that HKEX is very well placed to continue to be the financial gateway to and from China. Our business is strongly positioned to capitalise on growth opportunities and we will continue to be globally competitive,” he said.
Li and Group Chief Financial Officer John Killian presented the full year results to media at HKEX Connect Hall this afternoon.
Please tap Read More for our 2018 full year results.