Group 1 - Hong Kong Stock Exchange (HKEX) announced a strategic investment to acquire a 20% stake in Xunqing Clearing Holdings [1] - The transaction agreement was signed during a ceremony attended by the Exchange Fund, HKEX, and Xunqing Clearing Holdings [1]

Core Viewpoint - Hong Kong Exchanges and Clearing Limited (HKEX) announced a strategic investment to acquire a 20% stake in Xunqing Clearing Holdings, formalized through a transaction agreement signed during a recent ceremony involving the Exchange Fund, HKEX, and Xunqing Clearing Holdings [1] Group 1 - HKEX is pursuing a strategic investment to enhance its market position and expand its service offerings [1] - The acquisition of a 20% stake in Xunqing Clearing Holdings signifies HKEX's commitment to strengthening its clearing and settlement capabilities [1] - The transaction agreement was signed in the presence of key stakeholders, indicating a collaborative approach to the investment [1]

根據《香港聯合交易所有限公司證券上市規則》第三十八章，證券及期貨事務監察委員會監管 香港交易及結算所有限公司有關其股份在香港聯合交易所有限公司上市的事宜。證券及期貨事務 監察委員會對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 對迅清結算控股有限公司進行戰略投資 茲提述香港交易及結算所有限公司（「香港交易所」）於今日較早前刊發的公告 （「公告」），有關根據戰略投資，香港交易所擬購入迅清結算控股 20%股權。除另有 界定者外，本公告內所用詞彙與公告內所界定者具相同涵義。 香港交易所公布，於今日較早前舉行的簽約儀式期間，外匯基金、香港交易所及迅清結算 控股已簽訂交易協議以落實戰略投資。 承董事會命 香港交易及結算所有限公司 集團公司秘書 曾志燿 香港，2025 年 11 月 12 日 於本公告日期，香港交易所董事會包括 12 名獨立非執行董事，分別是唐家成先生（主席）、 聶雅倫先生、白禮仁先生、陳健波先生、謝清海先生、張明明女士、車品覺先生、周胡慕芳女士、 丁晨女士、梁柏瀚先生、任志剛先生及張懿宸先生， ...

Core Viewpoint - Hong Kong Exchanges and Clearing Limited (HKEX) has announced a strategic investment to acquire a 20% stake in the holding company of the Central Moneymarkets Unit (CMU) from the Hong Kong Monetary Authority (HKMA), aiming to strengthen the development of Hong Kong's fixed income and currency market ecosystem [1][2]. Group 1 - HKEX will invest up to HKD 455 million to subscribe for newly issued shares of the CMU holding company, resulting in HKEX and HKMA holding 20% and 80% stakes, respectively [1]. - This investment is part of a strategic partnership established in a memorandum of understanding signed in March 2025, emphasizing HKEX's commitment to enhancing Hong Kong's position as a leading center for fixed income and offshore RMB business [1][2]. - The collaboration aims to leverage resources, technology, talent, and market expertise to accelerate the development of post-trade securities infrastructure in Hong Kong, positioning it as a major Central Securities Depository (CSD) in the region [1][2]. Group 2 - Specific measures will include promoting the commercial development of CMU and expanding services in new asset classes and collateral management to enhance market competitiveness and operational efficiency across asset classes [2]. - The CEO of HKEX highlighted that the investment reflects the commitment to building a diverse and vibrant ecosystem of multi-asset classes, which is crucial for the long-term stability of the market [2]. - The strategic cooperation is seen as a significant milestone in the development of Hong Kong's financial infrastructure, facilitating one-stop management of stocks and bonds for investors and promoting efficient cross-border investment flows [2][3]. Group 3 - The investment will be funded by HKEX's existing corporate resources, aimed at driving future growth and market expansion for CMU [3]. - As of September 30, 2025, CMU's total assets under custody reached approximately HKD 5 trillion, playing a key role in bond trading settlement and optimizing collateral usage to promote swap connectivity [3]. - The mechanisms for "mutual connectivity" have been jointly developed by HKEX and HKMA, with both parties actively working to optimize these mechanisms, leading to record transaction volumes this year [3].

Group 1 - Hong Kong Stock Exchange announced an agreement to invest up to HKD 455 million to acquire a 20% stake in the holding company of Xunqing Clearing Limited [1] - The partnership aims to strengthen the strategic collaboration between the two entities [1] - The focus of the collaboration is to promote the long-term development of the Hong Kong fixed income and currency (FIC) market ecosystem [1]

Core Viewpoint - Hong Kong Exchanges and Clearing Limited (HKEX) has announced an agreement to acquire a 20% stake in the holding company of Clearstream, reinforcing their strategic partnership to promote the long-term development of Hong Kong's fixed income and currency (FIC) market ecosystem [1] Group 1: Investment Details - HKEX will invest up to HKD 455 million to subscribe for newly issued shares of Clearstream Holdings [1] - After the transaction, HKEX and the Hong Kong Monetary Authority (HKMA) will hold 20% and 80% stakes in Clearstream Holdings, respectively [1] - This strategic investment is based on a memorandum of cooperation signed in March 2025, highlighting HKEX's commitment to strengthening Hong Kong as a leading center for fixed income and currency [1] Group 2: Strategic Goals - The collaboration aims to accelerate the development of post-trade securities infrastructure in Hong Kong, positioning it as a major Central Securities Depository (CSD) in the region [1] - Specific measures will include promoting the commercialization of the Central Moneymarkets Unit (CMU) and expanding investor CSD services, custodial asset categories, and collateral management services [2] - The investment is intended to support the future development and market expansion of Clearstream, particularly in areas like offshore bond repurchase and OTC settlement [2] Group 3: Market Positioning - CMU, as Hong Kong's fixed income CSD, had a total custodial asset amount of approximately HKD 5 trillion as of September 30, 2025, playing a key role in bond trading settlement [3] - The collaboration between HKEX and HKMA aims to enhance Hong Kong's position as a global hub for bond financing, risk management, and offshore RMB business [2] - The strategic partnership is seen as a significant milestone in the development of Hong Kong's financial infrastructure, facilitating efficient two-way investment flows between mainland China, Hong Kong, and international markets [2]

11月11日，香港交易所宣布，将于今天与迅清结算有限公司（迅清结算）达成协议，购入其控股公司的 20%股权。香港交易所将投资最多4.55亿港元认购迅清结算控股有限公司（迅清结算控股）新发行的股 份。交易完成后，香港交易所与香港金管局旗下外汇基金将分别持有迅清结算控股的20%及80%股权。 香港交易所、外汇基金及迅清结算控股的代表将于今天稍后就新股认购进行签约仪式。 ...

Group 1 - Hong Kong Exchanges and Clearing (HKEX) plans to sign a transaction agreement on November 12, 2025, to implement a strategic investment in Clearstream Holdings, acquiring a 20% stake through its wholly-owned subsidiary [1] - The strategic investment will involve HKEX investing up to HKD 455 million in newly issued shares of Clearstream Holdings, with HKEX and the Hong Kong Monetary Authority (HKMA) holding 20% and 80% stakes respectively after the investment [1] - Clearstream Holdings is a newly established company that will own 100% of Clearstream, which operates the Central Moneymarkets Unit (CMU) responsible for the debt instruments central settlement system [1] Group 2 - The strategic investment is a collaboration project between HKMA and HKEX, aimed at leveraging both parties' resources, technology, talent, and market expertise to accelerate the development of post-trade securities infrastructure in Hong Kong [2] - The initiative will enhance the commercialization of CMU and expand investor CSD services, custodial asset categories, and collateral management services to improve CMU's market competitiveness [2] - The goal is to strengthen Hong Kong's CSD platform and enhance operational efficiency across various asset classes [2]

Group 1 - Hong Kong Stock Exchange (HKEX) plans to sign a transaction agreement on November 12, 2025, to implement a strategic investment in Clearstream Holdings, acquiring a 20% stake through its wholly-owned subsidiary [1] - After the strategic investment is completed, HKEX will invest up to HKD 455 million in newly issued shares of Clearstream Holdings, with the Hong Kong Monetary Authority (HKMA) and HKEX holding 80% and 20% stakes respectively [1][2] - Clearstream Holdings is a newly established company that will hold 100% of Clearstream after the transaction, which is a key player in the operation of the Central Moneymarkets Unit (CMU) under HKMA [2] Group 2 - The strategic investment is a collaboration project between HKMA and HKEX, aimed at enhancing the post-trade securities infrastructure in Hong Kong and positioning it as a major Central Securities Depository (CSD) in the region [2] - The CMU, as Hong Kong's fixed income CSD, had custodial assets amounting to approximately HKD 5 trillion as of September 30, 2025, playing a crucial role in bond trading settlement [2] - The initiative will leverage resources, technology, talent, and market expertise from both parties to accelerate the commercialization of CMU and expand investor CSD services, custodial asset categories, and collateral management services [2]

根據《香港聯合交易所有限公司證券上市規則》第三十八章，證券及期貨事務監察委員會監管 香港交易及結算所有限公司有關其股份在香港聯合交易所有限公司上市的事宜。證券及期貨事務 監察委員會對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 對迅清結算控股有限公司進行戰略投資 香港交易所公布，計劃於 2025 年 11 月 12 日舉行簽約儀式（「簽約儀式」），期間外匯 基金、香港交易所及迅清結算控股將簽訂交易協議以落實戰略投資。 戰略投資 根據戰略投資，香港交易所將（透過其全資附屬公司）購入迅清結算控股 20%股權。作為 金融市場基礎設施的主要營運者，香港金管局及香港交易所將進一步鞏固戰略合作關係， 共同推動香港固定收益及貨幣市場生態圈的長期發展。 完成戰略投資（「交易完成」）後，香港交易所將向迅清結算控股投資最多 4.55 億港元 （將按現金結餘淨額作出調整）（「認購代價」）認購迅清結算控股新發行的股份，而 香港交易所及香港金管局旗下外匯基金將分別持有迅清結算控股的 20%及 80%股權。 認購代價乃經由香港 ...