The Hong Kong Stock Exchange (00388) rose more than 4% and rose 4.27% at press time to HK$249.2, with a turnover of HK$1.84 billion.
The Zhitong Finance App learned that the Hong Kong Stock Exchange (00388) rose by more than 4% and rose 4.27% at press time to HK$249.2, with a turnover of HK$1.84 billion.
On April 24, Smellen, who will step down as Chairman of the Hong Kong Stock Exchange at the end of the month, will preside over the Hong Kong Stock Exchange's Annual General Meeting for the last time. She said that no new chairman has yet been elected, and the new board of directors will decide after the shareholders' meeting. It was decided to appoint Tang Ka-shing as Chairman of the Board of Directors to replace Smellen, who retired after the completion of the 2024 Annual General Meeting of Shareholders of the Hong Kong Stock Exchange held today. Tang Ka-shing's term as chairman and his term as director will end at the same time.
Earlier, CEO Chen Yiting stated in the results announcement that the group demonstrated strength and resilience in the first quarter of this year. Despite the weak global macro environment, the Group's derivatives and commodities business continued to perform strongly, and derivatives trading volume hit a quarterly high. Although the stock market continues to weaken due to the macro-market climate, the average daily turnover in March and April of this year has clearly rebounded, indicating a recovery in investor confidence. The turnover of the interconnection mechanism continued to rise. The trading volume of Shanghai Stock Connect, Shenzhen Stock Connect, and Bond Connect all increased dramatically. Among them, Bond Connect's trading volume hit a quarterly high.