Hong Kong Exchanges & Clearing (0388.HK)
- Closing price: HKD 370.8
- Day‑to‑day change: –1.5 % (24‑hour period ending 10:23 PM Central Europe, Friday 23 November)
- Shares outstanding: 1.3 billion
- Market capitalization: HKD 60.5 billion
- Volume (last 24 h): HKD 2.2 billion worth of shares traded
- Month‑end performance: –7.23 % since the previous month‑end
- 200‑day simple moving average: HKD 394.18
- 52‑week high: HKD 444.8 (29 January 2026)
- 52‑week low: HKD 43.67 (7 April 2026)
Upcoming Corporate Events
- Quarterly financial results for the quarter ended 30 September will be released on 6 November.
- Analysts expect a modest improvement in earnings per share (EPS) for the quarter, with forecasts slightly above the prior year’s figure.
- Revenue for the quarter is predicted to rise slightly compared with the previous year.
- Full‑year consensus estimates indicate an increase in EPS and revenue relative to last year’s performance.
- The company’s outlook projects steady growth in profitability and top‑line metrics, with analysts anticipating continued upward momentum into the next year.
Recent Performance of Peer Stocks (last 24 h)
| Stock | Ticker | % Change | Current Price | Market Cap | P/E Ratio |
|---|---|---|---|---|---|
| Kunlun Energy | 0135.HK | –2.71 % | HKD 7.38 | HKD 60.6 bn | 10.13 |
| Zhongce Rubber Ltd | 603049.SS | 0 % | CNY 40.48 | CNY 36.6 bn | – |
| CTF Services | 0659.HK | –2.35 % | HKD 8.52 | HKD 39.8 bn | 16.56 |
| Bank of East Asia | 0023.HK | –1.36 % | HKD 17.98 | HKD 48.8 bn | 14.51 |
| China Taiping Insurance Holding | 0966.HK | –3.41 % | HKD 17.09 | HKD 60.1 bn | 1.87 |
The decline in Bank of East Asia shares follows regulatory developments in China, including a summons to e‑commerce operators to reinforce product‑quality standards and consumer protection. The action impacted Alibaba Group and subsequently the Hong Kong benchmark and technology indices. Additional market pressure arose from the expiration of a 90‑day grace period for wealthy families to settle taxes on offshore trusts, prompting stake‑selling by large shareholders of private listed firms. Analysts view the sell‑off as part of a broader risk‑reduction trend, citing concerns about the sustainability of AI‑driven growth and regulatory pressures on the sector.
Company Overview
Hong Kong Exchanges & Clearing Ltd is a global financial service provider specializing in securities trading, clearing, settlement, depository services, and market data. Founded in Hong Kong, the company serves customers worldwide and operates its services through its website at www.hkex.com.hk . Hong Kong Exchanges & Clearing Ltd was listed on the Hong Kong Stock Exchange on 27 June 2000.