上半年营收净利增长超三成，港交所今年股价大涨50%

Core Insights - Hong Kong Exchanges and Clearing Limited (HKEX) reported a significant increase in revenue and profit for the first half of the year, with total revenue reaching HKD 140.76 billion, a year-on-year growth of 33%, and net profit attributable to shareholders at HKD 85.19 billion, up 39% [1][2] Group 1: Revenue and Profit Growth - The revenue from the Stock Connect program (沪深港通) and other income rose to HKD 18.13 billion, marking a record high for the first half of the year [1][5] - The trading fees and trading system usage fees reached HKD 49.06 billion, a year-on-year increase of 49.11%, while settlement and clearing fees were HKD 31.55 billion, up 48.47% [5] Group 2: Market Activity - The average daily trading volume in the Hong Kong stock market surged to HKD 2,402 billion, an increase of 118% year-on-year, with the average daily trading volume for Southbound Stock Connect reaching HKD 1,110 billion, nearly three times that of the same period last year [5][6] - The IPO market also thrived, with 44 new listings raising HKD 1,094 billion, which is over eight times the amount raised in the same period last year [6] Group 3: Strategic Initiatives - HKEX has implemented several reforms to enhance market efficiency, including the introduction of the "FINI" system to shorten settlement cycles and adjustments to the listing requirements for technology companies [6][7] - The CEO of HKEX indicated that further measures are planned for the second half of the year, including the expansion of paperless listing mechanisms and the implementation of new IPO pricing regulations [7]