A summary of Hong Kong Exchanges & Clearing's (HKEX) results for the first quarter of 2020.
In brief:
Revenue and other income was 7% lower than the first quarter of 2019. Core business revenue was up 19% year on year, driven by a 20% increase in headline average daily trading volume (ADV), which yielded an increase in trading and clearing fees. Profit attributable to shareholders was $2,262 million, 13% lower...