Reported ByteDance IPO Highlights Appeal Of Hong Kong Bourse’s Own Shares - News Summed Up

Reported ByteDance IPO Highlights Appeal Of Hong Kong Bourse’s Own Shares


One option: buy shares in Hong Kong Exchanges & Clearing, or HKEX, which operates the Hong Kong Stock Exchange. Newer mainland regulatory rules may make the Hong Kong Stock Exchange more attractive, some analysts say. Stock trading in Hong Kong goes back to the mid-19th century; the first formal market – the Stockbrokers Association of Hong Kong – was set up in 1891. It merged with the Hong Kong Stockbrokers’ Association in 1947, and then with three others – the Far East Exchange in 1969, the Kam Nan Stock Exchange in 1971 and Kowloon Stock Exchange in 1980, creating the Stock Exchange of Hong Kong in 1980. That exchange later joined with the Hong Kong Futures Exchange and Hong Kong Securities Clearing Co. under one holding business that listed itself in 2000.


Source: Forbes August 08, 2021 11:15 UTC



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