The exchange's revenue increased by 8% over the same period, to 695 million. Its average daily stock trading turnover was 23% higher than last year's figure of $15.26 billion.
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It should be noted that the profit growth of the Hong Kong stock exchange operator was recorded for the first time in three quarters. This was facilitated by the IPOs held on the site and the positive dynamics in stock trading. Thus, in the six months of 2024, the exchange received 81 applications for an initial public offering of shares, which is 69% higher than in the same period of 2023.
Recall that last week it was reported that Mosbirzha wants to buy its brokerage company. Thus, the platform intends to increase the marginality of the business.