Wednesday, August 12, 2009

HKEX profit up 64%

HONG KONG -- Hong Kong Exchanges & Clearing Ltd., the world's largest bourse operator by market capitalization, posted Wednesday a 64% rise in second-quarter net profit from the previous three months on an increase in trading volume on the local bourse.

The blue-chip bourse operator said in a statement the increase in turnover on the local exchange was driven by strong fund inflows to Hong Kong and an improvement in sentiment rather than economic fundamentals.

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