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Another Record Year For Hong Kong Bourse

by Mary Swire, Lowtax.net, Hong Kong
21 December, 2016

Hong Kong Exchanges and Clearing Limited (HKEX) has confirmed that its securities and derivatives markets have set a number of new records this year.

By December 15 this year, total futures trading had reached almost 81m contracts, up 10 percent on the record high of 73.5m contracts in the whole of 2015. The trading of various options contracts through HKEX also set new records this year, and the turnover of securitized derivatives has now been the world's highest for 10 consecutive years (according to data from the World Federation of Exchanges).

In the securities market, according to HKEX and Bloomberg data, USD24.8bn was raised through IPOs in 2016, making Hong Kong the number one fundraising center in the world for the second straight year.

There had been 121 new listings since the beginning of this year and the total equity funds raised from 1 January to December 15, 2016, was HKD462.4bn (USD59.7bn). As of December 15, 2016, there were 1,968 companies listed by HKEX on the Main Board and Growth Enterprise Market, with a total market capitalization of HKD24.7 trillion.

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