Hong Kong Exchanges and Clearing Ltd (OTCPK:HKXCF)
$ 39.1 -3 (-7.13%) Market Cap: 50.80 Bil Enterprise Value: 21.37 Bil PE Ratio: 32.64 PB Ratio: 7.53 GF Score: 92/100

Half Year 2020 Hong Kong Exchanges and Clearing Ltd Earnings Call Transcript

Aug 19, 2020 / 09:30AM GMT
Release Date Price: $48.31 (-0.54%)
Unidentified Company Representative

Good afternoon, ladies and gentlemen. Welcome to 2020 first half result analyst presentation by HKEX. Today, we are pleased to have our Chief Executive, Charles Li; our co-President, Romi Lamba; our Group CFO, Vanessa Lau. Without further ado, Charles, please.

Xiaojia Li
Hong Kong Exchanges and Clearing Limited - CEO & Executive Director

Thank you. Thank you for attending this web call. I really wish that we could be able to see each other in person. Hopefully, this is the last one we have to do. I'm not sure that it's a wish that is going to get realized. So once again, thank you. Today, I'm very pleased to be here reporting yet another record result.

The financial performance quickly first. We are now announcing record half year revenue and profit despite the massive challenges around us, and with our core business revenue up by 13%, total revenue up by 2% and PAT up by 1%. Vanessa will go through the details on the breakdowns. We are also recording a record half year Stock Connect revenue and that's a 46% increase

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