KEY STAT | HKEX posts best-ever Q1 results on the back of strong tech IPO pipeline

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Hong Kong Exchanges & Clearing (HKEX: 388) reported its best-ever results for the first quarter of this year. Revenue reached USD 760 million, up 49% year-on-year, generating a net profit of USD 490 million for the quarter, up 70%. “This was driven by a buoyant IPO market and very robust trading volumes,” said Calvin Tai, interim chief executive of the…
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