HKEX has 120 firms in IPO pipeline, signs off HQ, after record Q1 profit

The SAR's stock exchange is enjoying a boom from Chinese firms looking to expand and tap more investors; the local economy also grew by 3.1% in the first quarter.

Hong Kong Exchanges and Clearing (HKEX) secured record revenue in Q1 2025 of HK$6.32 billion ($820 million), 32% higher than in Q1 2024, with profit attributable to shareholders of HK$4.08 billion.

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