HKEX

HKEx (388.HK): Resilient 1Q22 Earning Results Better than Feared

Equity Bottom-Up
264 Views, 29 Apr 2022 04:39
EXECUTIVE SUMMARY
  • HKEX (388 HK) core businesses such as cash market and stock connect remain robust against the backdrop of relatively low expectation.
  • Mark-To-Market investment loss underscored the volatile fixed income market, we expect the negative impact will continue into 2Q22 as the shift in rate environment.
  • MSCI China A50 future continues its rapid ramp-up, ADV is up 86% quarter-over-quarter. Overall future trading is strong, ADV is up 39% quarter-over-quarter.
detail (2-minute read)
WHAT’S TRENDING
Insights
  • Trending
  • Latest
logo
Logo
Rising
Roger Xie
Equity Analyst, China and US
ChinaEquity Bottom-Up

10 year investment experience on public and private equity. Deep-dive fundamental research. Specialize in China and US m... 

Zoom:
NaN%
x