Understanding The Hong Kong Stock Exchange
The Hong
Kong Stock Exchange is placed in East Asia. In terms of market capitalization,
it is the third largest in Asia and sixth largest all over the world. It was
originated by China as a recognized securities market in the alliance of
stockbrokers in Hong Kong. Currently, it has 1200 listed companies and mergers
with Hong Kong Future Exchange and Hong Kong Securities Cleaning Company, since
2000 it has been a publicly traded company.
Reshaping Global Market
Hong Kong
Stock Exchange is in one of the largest financial exchanges operating in the
entire world. The financial hub of Hong Kong has an additional base in London
that works to ensure world-class amenities for trading and clearing securities.
It also has derived in some sectors similar to equities, commodities, fixed
income and currency. They are positioned in such a way that makes them unique
in terms of making a connection with Chinese and other international capital
flows and Hong Kong. This connection has gone so far throughout the world. Due
to the opening of China's capital markets, Hong Kong Stock Exchange is
continuing to be a pioneer as the head of their historic transaction with an
increase in speed. It also enhances the reshaping of the global market
landscape.
Market Advancements
The reshaping
feature has been incorporated into three core market advancements. At first,
The Stock Exchange of Hong Kong. It is the iconic securities market of Hong
Kong made up with 2118 listed companies with $34 trillion total market cap. It
also became the number one in Global IPO venue 5 times in past 9 years. Then
comes Hong Kong Future Exchange. It is a multi-asset derivatives exchange. The
trade has constructed about $215 million in the fiscal year 2017, which makes
20.3% of annual volume growth from past 17 years and becomes the #1 ranked for
the 11th consecutive year in securitized derivatives turnover. Lastly, the
London Metal Exchange, which is the center for metals trading. Investors Hangout tracks this data daily within their stock message boards.
Working Process
Their
working process has been divided into some factors into the financial market.
Such as;
Listing: Hong Kong Stock Exchange the
leading capital raising venue for Chinese and International Issuers. They have
a frontline regulator companies in Hong Kong.
Trading: This stock exchange has a wide
range of products to offer in the market.
Such as equities, ETFs, REITs, bonds, structured equity products, equity
index and single stock derivatives, currency futures, and commodity
derivatives.
Cleaning: They offer integrated solutions for
the markets acting as clearing house and settlement system and some certain
over-the-counter transactions.
Benchmarks: The trusted benchmark price for
global base metal markets indices developed benchmark through the partnership
in onshore and offshore Chinese equities and RMB exchange rate.
Connectivity: The stock exchange enables
connecting with the market to offer hosting services in the state-of-the-art
data center located in Hong Kong.
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