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Hong Kong Exchanges & Clearing 2014 Profit Rises

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Hong Kong Exchanges & Clearing Ltd. (OTC: HKXCY) reported a 13% gain in its 2014 profit.

Hong Kong's stock exchange operator posted a net profit of 5.17 billion Hong Kong dollars ($666.4 million) for the year.

Its revenue climbed 13% to HK$9.8 billion. Average daily value of securities trading surged 11% to HK$69.5 billion.

Hong Kong Exchanges & Clearing shares fell 0.60% to close at $22.82 yesterday.

 

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