港交所业绩再创历史新高，行政总裁陈翊庭：市场有扩大保密申请范围的诉求，会全方位慎重考虑

Core Insights - Hong Kong Stock Exchange (HKEX) reported record high performance for the second consecutive year in 2025, with revenue and net profit reaching historical peaks, driven by record trading volumes in cash, derivatives, and commodity markets [1][2] Financial Performance - HKEX's revenue and other income for 2025 reached HKD 29.2 billion, a 30% year-on-year increase [1] - Shareholder profit attributable to the company was HKD 17.8 billion, reflecting a 36% year-on-year growth [1] - The board declared a second interim dividend of HKD 6.52 per share, alongside a first interim dividend of HKD 6 per share, totaling HKD 12.52 per share for the year, a 35% increase from the previous year [1] Market Dynamics - The strong rebound in the Hong Kong market is attributed to two main drivers: 1. Global capital seeking diversified allocations, with over 75% of trading volume in January coming from the mainland and Hong Kong markets combined [2] 2. The transformation of China's development model, emphasizing technological innovation, which has attracted numerous companies at the forefront of global tech innovation to HKEX [2] Future Outlook - HKEX aims to strengthen its connectivity with the mainland and expand its focus on broader Asian markets, responding to global investors' increasing demand for diverse investment tools beyond equities [2] - The exchange plans to invest long-term in various asset classes, including fixed income, commodities, and derivatives [2] IPO Regulations - In response to rumors about expanding the IPO confidentiality application scope to traditional industries, HKEX is considering various measures to enhance market attractiveness and competitiveness, including revising listing requirements for "same share, different rights" companies [4] - The "Tech Company Fast Track" launched in May 2025 has seen positive feedback, with over 100 biotech and tech companies currently in the queue for listing [4]