Hong Kong Exchanges and Clearing
Hong Kong, China
8 / F, Exchange Plaza, 8 Recreation Plaza, Central, Hong Kong, China
Head office and principal place of business
Room 2510, 25 / F, Harcourt House, 39 Gloucester Road, Wanchai, Hong Kong
Hong Kong motherboard
The Hong Kong exchanges and Clearing Limited is a company mainly engaged in the operation of the stock exchange. The company through five business units. The spot department includes equity securities products traded on the spot market trading platform, the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The equity securities and financial derivatives division includes derivatives traded on the Hong Kong Futures Exchange and the Hong Kong Stock Exchange. The commodities division includes operations on the London Metal Exchange (LME). The clearing department includes operations in the Hong Kong Securities Clearing Company Limited, the Stock Exchange options Clearing House, the Futures Clearing Corporation, the OTC Clearing Company and LME Clear Limited. The platform and infrastructure department provides the platform and the use of the company's infrastructure.
Hong Kong Exchanges and Clearing is the holding company of the Stock Exchange of Hong Kong Limited, the Hong Kong Futures Exchange Limited and the Hong Kong Securities Clearing Company Limited. Hong Kong Exchanges and Clearing's market institutions have successfully led the development of Hong Kong's financial services industry from a local-dominated market into a central market attracting investment funds from all over the world in Asia.
Hong Kong Exchanges and Clearing was listed in June 2000 after the completion of the closure of the securities and futures markets in Hong Kong. As a market-leading organization accountable to shareholders, Hong Kong Exchanges and Clearing is committed to capitalizing on business opportunities in Asia and around the world.
Hong Kong Exchanges and Clearing's business operation is carried out by a number of dedicated departments, under the direct leadership and supervision of the management and the board of directors. The board of directors is the highest decision-making body, which is responsible for formulating Hong Kong Exchanges and Clearing's goals, mission, strategy, policy and business planning, and supervising the implementation of management.
Hong Kong Exchanges and Clearing is the operator and frontline regulator of the central securities and derivatives market in Hong Kong. His responsibilities include supervising listed issuers, enforcing listing, trading and clearing rules, and providing services mainly at the institutional level to the clients of the exchanges and clearing houses. The clients of the exchanges and clearing houses include issuers and intermediaries who directly serve investors, such as investment banks or sponsors, securities and derivatives brokers, custodian banks and information providers. The services provided by the exchanges and clearing houses include trading, clearing and settlement, depository and agent services and information services.
Market Supervisor Hong Kong Exchanges and Clearing is committed to fulfilling his public responsibility to ensure that the market operates in a fair and orderly manner and to manage risks prudently, which is in the public interest, especially that of the investing public. Mr Hong Kong Exchanges and Clearing is also committed to working closely with the Securities and Futures Commission (SFC), the principal regulator of the securities and derivatives market in Hong Kong and an independent statutory body responsible for enforcing market laws to promote and promote market development.
Foresight and Prospect Hong Kong Exchanges and Clearing is a commercial organization with public responsibility. If it is to be responsible for the operation of the central market at the same time, the overall interests of the market must be carefully considered. In addition, its work should also help to strengthen Hong Kong's status as an international financial centre and tie in with the future development of the country. Hong Kong Exchanges and Clearing's mission statement from 2010 to 2012: to create and operate an active international public financial market in Hong Kong.