Xin Hua Cai Jing·2026-02-26 12:00Core Insights - Hong Kong Exchanges and Clearing Limited (HKEX) reported record high revenues and profits for the year 2025, with total income and other gains reaching HKD 29.161 billion, a 30% year-on-year increase [1] - The average daily trading volume for Hong Kong stocks and the Stock Connect program reached new highs, with the average daily turnover for Hong Kong stocks increasing by 89.53% to HKD 249.8 billion [1] - The number of new listings in 2025 was 119, with total fundraising amounting to HKD 286.9 billion, a 226% increase year-on-year [2] Financial Performance - Total income and other gains for HKEX in 2025 were HKD 29.161 billion, up 30% year-on-year, with main business revenue increasing by 32% [1] - Net investment income was HKD 1.870 billion, reflecting a 7% increase compared to the previous year [1] - Shareholder profit attributable to the company was HKD 17.754 billion, marking a 36% year-on-year rise [1] Market Activity - The average daily trading volume for Hong Kong stocks reached HKD 249.8 billion, a significant increase of 89.53% year-on-year [1] - The Stock Connect program saw average daily turnover of RMB 212.4 billion and HKD 121.1 billion for northbound and southbound trading, respectively, with increases of 41.51% and 151% [1] - The London Metal Exchange (LME) reported a record average daily trading volume of 717,000 contracts for metal contracts, an 8% increase year-on-year [1] Strategic Developments - HKEX aims to leverage its position to enhance market competitiveness and connectivity with global markets, focusing on a diversified asset ecosystem and technological advancements [2] - The company is attracting issuers from various regions, including Kazakhstan, Singapore, Thailand, and the UAE, to list on its platform [2] - The CEO anticipates that the macro environment in 2026 will remain uncertain, but sees opportunities for capital markets due to global investors adopting diversified strategies [3]