You are here

Outlook dims for HKEx after wild year

Analysts downbeat on falling trading volumes; stock had risen 80% before a 35% drop erased US$16b in market cap

BT_20151224_DNHK24_2036659.jpg
The conditions that drove HKEx to a record 7 months ago - global investor appetite for firms with China businesses and a surge in turnover through the Shanghai bourse partnership - are working against it now.

Hong Kong

THE outlook for Hong Kong's exchange operator is dimming after the wildest year for its investors since 2008.

So say analysts at Haitong International Securities Group Ltd and Morgan Stanley who have sell calls on Hong Kong Exchanges & Clearing Ltd (HKEx). They're not

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom