Hong Kong Exchanges and Clearing Limited (HKEx)

DEFINITION of 'Hong Kong Exchanges and Clearing Limited (HKEx)'

A publicly-traded holding company created in 2000 through the merger of The Hong Kong Stock Exchange, the Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company. The merger was designed to increase China's competitiveness in the global market. HKEx trades in stocks, bonds, warrants, mutual funds, ETFs and equity-linked instruments.

BREAKING DOWN 'Hong Kong Exchanges and Clearing Limited (HKEx)'

To be traded on HKEx's main board, a company must have a trading record of at least three consecutive years, a profit of at least HK$20 million in the most recent year and HK$30 million over the last two years, an expected market capitalization of at least HK$100 million, and at least 25% of its securities held by the public.

RELATED TERMS
  1. Hong Kong Stock Exchange (HKG) ...

    One of the world's largest securities markets by market capitalization, ...
  2. Hong Kong SAR, China

    Hong Kong is a financial and business center in China.
  3. HKD (Hong Kong Dollars)

    The currency abbreviation or currency symbol for the Hong Kong ...
  4. H-Shares

    A share of a company incorporated in the Chinese mainland that ...
  5. Hang Seng Index - HSI

    A market capitalization-weighted index of 40 of the largest companies ...
  6. Hong Kong Monetary Authority Investment ...

    A sovereign wealth fund of the Government of the Hong Kong Special ...
Related Articles
  1. Trading

    How To Trade In The Hong Kong Stock Exchange (ETFC, SCHW)

    The Hong Kong Stock Exchange may soon become the third-largest exchange in the world.
  2. ETFs & Mutual Funds

    The Top 3 ETFs For Investing in Hong Kong

    Discover information and analysis of three exchange traded funds that investors can use to access potential profits from investing in Hong Kong.
  3. Insights

    Hong Kong’s GDP Narrows Unexpectedly in Q1

    The GDP of Hong Kong contracted by a seasonally adjusted 0.4% in Q1 2016 as compared to the previous quarter
  4. ETFs & Mutual Funds

    EWH: iShares MSCI Hong Kong ETF

    Learn about the iShares MSCI Hong Kong fund, which invests in various equities of companies listed on the Hong Kong Stock Exchange.
  5. Markets

    How a Special Administrative Region Works

    A special administrative region is unique to The People’s Republic of China. These regions are created by the central government in China to allow certain areas to operate with a high degree ...
  6. ETFs & Mutual Funds

    The Top 5 ETFs to Track the Hang Seng for 2016 (EWH, FXI)

    Learn about ETFs that allow access to Hong Kong equities for investors seeking exposure to Hang Seng Index stocks traded on the Hong Kong Stock Exchange.
  7. Markets

    China's Top Trading Partners

    A slowdown in China, the largest trading nation in the world, will have significant impacts on major trading partners: the U.S., Hong Kong, and Japan.
  8. Managing Wealth

    Top 6 Billionaires Living in Hong Kong

    Read about the six wealthiest men in Hong Kong, each of whom posted a $10+ billion net worth in Forbes' list of the richest people in Hong Kong.
  9. Markets

    Hong Kong Monthly Home Sales Hit 25-year Low

    Hong Kong's property market is facing a major turnaround as prices have steadily fallen since September.
  10. Markets

    This is the Cheapest Major Stock Market Globally

    Hong Kong's Hang Seng Index trades at a P/E of 9, compared with a P/E of between 15 and 20 for most major indices.
RELATED FAQS
  1. Why is Hong Kong considered a tax haven?

    Discover why Hong Kong is one of the world's leading tax havens. Low taxation on high-net-worth individuals and corporations ... Read Answer >>
  2. Is there a difference between the special administrative regions of Hong Kong and ...

    As Special Administrative Regions (SARs) of the People's Republic of China, Hong Kong and Macau differ somewhat in their ... Read Answer >>
  3. How can industrialization affect the national economy of less developed countries ...

    Read about how industrialization impacts economic growth in less developed countries (LDCs), using Hong Kong and Great Britain ... Read Answer >>
  4. Are Chinese special administrative regions (SAR) special status permanent?

    Find out whether the special status of China's special administrative regions, Hong Kong and Macau, is intended to be a permanent ... Read Answer >>
  5. What are the differences between B-shares and H-shares traded on Chinese stock exchanges?

    Learn about B shares and H shares of publicly listed companies in mainland China and Hong Kong stock exchanges, and the differences ... Read Answer >>
  6. What countries are currently considered to be special administrative regions?

    Learn about the two countries designated as special administrative regions, Hong Kong and Macau, and why they operate with ... Read Answer >>
Hot Definitions
  1. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  2. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  3. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  4. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  5. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
  6. Underweight

    1. A situation where a portfolio does not hold a sufficient amount of a particular security when compared to the security's ...
Trading Center