BUZZ-Hong Kong Exchanges reaches over 4-month peak as profit beats

Reuters
02-27
BUZZ-Hong Kong Exchanges reaches over 4-month peak as profit beats

** Shares of Hong Kong Exchanges and Clearing Ltd 0388.HK rise 2.3% to HK$369.4, their highest since October 8, 2024, and on track for the second session of gains

** Stock is the second-biggest gainer in Hang Seng Finance Index .HSNF, which is up 0.8%

** Hong Kong's bourse operator reported a 10% rise in profit in 2024, beating forecasts, bolstered by a sharp jump in trading revenues after the announcement of China economic stimulus measures boosted investor sentiment

** Hang Seng Commerce & Industry Index .HSNC slips 0.04% while Hang Seng Index .HSI climbs 0.3%

** Stock up 24.9% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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