The Hong Kong Exchanges and Clearing Limited (HKEX) is the third largest stock exchange in China by market capitalization and one of the top twenty stock exchanges in the world. HKEX resulted from the demutualization of the Stock Exchange of Hong Kong (SEHK) in 1999, two years after the British lease of Hong Kong ended in 1997.
Up until October 2017, trades on the exchange were carried out both electronically and on a physical trading floor. The exchange now operates fully electronically.
Both UBS and Credit Suisse participate in the exchange as members. Close to 2000 companies are listed on the exchange. HKEX serves as an intermediary between foreign investors and other Chinese stock exchanges (the Shanghai Stock Exchange and the Shenzhen Stock Exchange) via the Shenzhen Connect program.
With a history dating back to 1891, Hong Kong’s stock exchange is a highly developed financial market. Contracts traded include equity securities (shares), depository receipts, stapled securities, debt securities, exchange traded funds (ETFs), leveraged products, inverse products, futures and options.
The Hang Seng Index (HSI) tracks the performance of stocks listed on the HKEX.
Trading hours: Monday - Friday 9:30 a.m. to 12:00 p.m and 1:00 p.m. to 4:00 p.m. CST (UTC+8)
Settlement cycle: T+2
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