Hong Kong Exchanges traded at 407.60 this Friday February 6th, decreasing 6.80 or 1.64 percent since the previous trading session. Looking back, over the last four weeks, Hong Kong Exchanges lost 5.25 percent. Over the last 12 months, its price rose by 28.74 percent. Looking ahead, we forecast Hong Kong Exchanges to be priced at 414.61 by the end of this quarter and at 366.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hong Kong Exchanges and Clearing Limited is principally engaged in the operation of stock exchanges. The Company operates through five business segments. The Cash segment includes various equity products traded on the Cash Market platforms, the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The Equity and Financial Derivatives segment includes derivatives products traded on Hong Kong Futures Exchange Limited (HKFE) and the Stock Exchange of Hong Kong Limited (SEHK) and other related activities. The Commodities segment includes the operations of the London Metal Exchange (LME). The Clearing segment includes the operations of various clearing houses, such as Hong Kong Securities Clearing Company Limited, the SEHK Options Clearing House Limited, HKFE Clearing Corporation Limited, over the counter (OTC) Clearing Hong Kong Limited and LME Clear Limited. The Platform and Infrastructure segment provides users with access to the platform and infrastructure of the Company.