The Hong Kong Stock Exchange, Asia's largest exchange by market capitalization, reported on Wednesday that its net profit last year rose 26% from a year earlier to an all-time high of HK$9.312 billion. Hong Kong Stock Exchange President Li Xiaojia said that the future will be further transformed, with the goal of becoming an international leading exchange.
In his performance report, Li Xiaoga said that despite multiple challenges such as geopolitical tension, slowing global growth and increasing uncertainty in the international market, the Group's business in the past year still achieved excellent results. In the year, the volume of spot market transactions and the number of contracts in the derivatives market reached a new high, and the first public recruitment market ranked first in the world.
"Looking forward to this year, the market is expected to face more challenges, but we are still confident." He said, "In the future, we will further transform, not only to become a leading international exchange in scale, but also to reach the international leading level in product categories, market depth, international influence, regulatory standards, market efficiency and technological innovation."
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