Hong Kong Exchanges Reports 1% Rise In Q3 Net Profit

Hong Kong Exchanges & Clearing Ltd

reported a 1% rise in its Q3 net profit. Hong Kong Exchanges' quarterly net profit rose to HK$1.24 billion, from HK$1.22 billion, in the year-ago period. Its revenue climbed 6% to HK$1.95 billion from HK$1.84 billion. Hong Kong Exchanges' average daily turnover on the bourse surged 17% to HK$72.6 billion from HK$61.8 billion. Hong Kong Exchanges shares closed at $16.60 yesterday.