Hong Kong Exchanges and Clearing Ltd. logo

Hong Kong Exchanges and Clearing Ltd.

0388 · HKEX · Financial Services · HK$536B

Owns and operates stock and futures exchanges, clearing houses, and data services across Hong Kong, the UK, and Mainland China.

Technical Bias: Bullish lean
HK$423.40-HK$0.60 (-0.14%)Delayed

As of Aug 31, 2026

Summary

Hong Kong Exchanges and Clearing Ltd. operates the stock exchange and clearing house serving Hong Kong's financial markets. The stock shows a bullish technical lean with a one-month return of 4.1%, though its one-year performance remains flat at 0.6%. At HK$424.00, the company carries a market capitalisation of HK$536 billion.

Price history

Daily candles · adjusted close

As of Aug 28, 2026

Performance

1D

-0.14%

1W

+0.71%

1M

+4.13%

3M

+6.05%

YTD

+5.68%

1Y

+0.62%

As of Aug 28, 2026

Technical indicators

RSI (14)
67.3Neutral
MACD (12,26,9)
0.59Bullish
Moving averages
50: 396.92 · 200: 405.29Neutral
Support / Resistance
HK$406.60 / HK$427.80

Technical Bias

Bullish lean

1 Bullish · 0 Bearish · 2 Neutral

Hong Kong Exchanges and Clearing Ltd. shows a bullish technical read across its indicators: MACD is positive at 0.59, whilst RSI at 67.3 and the moving average positioning remain neutral. This is a derived technical signal, not investment advice.

A transparent read of the indicators below — not a prediction or recommendation.

As of Aug 28, 2026

Fundamentals

Market cap
HK$536B
P/E ratio
27.09
EPS
HK$15.65
Profit margin
62.89%
Revenue growth (YoY)
+18.9%
Free cash flow
HK$21.0B
Beta
0.93
52-week range
HK$360.00 – HK$453.00
Dividend yield
2.95%
Ex-dividend date
Sep 1, 2026
Next earnings
Nov 4, 2026 (64 days)

As of Aug 31, 2026

Upcoming catalysts

  • Ex-dividend dateSep 1, 2026 · 14.86 / share
  • Earnings reportNov 4, 2026 · EPS estimate 4.12

As of Aug 31, 2026

Latest news

As of Aug 31, 2026

MonkeyTrade's Take on Hong Kong Exchanges and Clearing Ltd.

Our read on the signals above — informational, not a recommendation.

Short-term outlook

The setup leans bullish but not decisively: MACD is positive and the stock is up 4.1% over the past month, though RSI at 67.3 shows momentum getting stretched rather than accelerating. The key marker to watch is HK$427.80 resistance – a break there would confirm the upside case, while a slip back under HK$406.60 support would undercut it. No earnings catalyst is imminent, with the next report not due until November 2026.

Medium-term outlook

Hong Kong Exchanges and Clearing pairs strong fundamentals with a bullish technical setup: revenue up 18.9% year-on-year, a hefty 62.9% profit margin, and a 2.9% dividend yield, all pointing to a business in solid health, even as the 27.09 P/E suggests investors are already paying up for that quality. Over the next few quarters, this combination tilts the balance toward continued strength, though a slowdown in revenue growth would be the key signal to watch for a shift in that view.

Key risks

  • HKEX's earnings and revenue are closely tied to Hong Kong IPO activity and trading volumes, so any slowdown in listings or market turnover could quickly weigh on results after this record run.
  • A price-to-earnings ratio of 27.09 suggests a fair amount of optimism is already priced in, leaving less room for disappointment if growth cools.
  • As a financial market infrastructure operator, HKEX remains sensitive to broader shifts in Chinese and Hong Kong regulatory policy and cross-border capital flows, which can affect trading and listing volumes.
  • The stock has traded in a wide range over the past year, from HK$360.00 to HK$453.00, highlighting sensitivity to swings in regional market sentiment and macro conditions.

About Hong Kong Exchanges and Clearing Ltd.

Hong Kong Exchanges and Clearing Ltd. (0388) runs the main securities and derivatives exchange in Hong Kong, sitting at the centre of the city's role as a bridge between mainland Chinese capital and global investors. As the operator of the market itself, HKEX sits in the Financial Data & Stock Exchanges corner of the Financial Services sector, alongside other exchange groups that earn their keep from trading, clearing and listing activity rather than from selling financial products directly.

With a market capitalisation of HK$536B, HKEX ranks among the larger listed exchange operators, reflecting its scale and central position in Asian capital markets. Its price-to-earnings ratio of 27.09 shows investors are paying a premium for its earnings, typical of a business with a strong competitive position, while the dividend yield of +2.9% points to a steady portion of profit being returned to shareholders.

How to trade Hong Kong Exchanges and Clearing Ltd.

Shares like this are usually traded as CFDs. Compare regulated brokers that offer share CFDs — weigh spreads, fees and platforms before you open an account.

AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk. How we build these pages.