Mission Statement, Vision, & Core Values (2025) of Hong Kong Exchanges and Clearing Limited.

An Overview of Hong Kong Exchanges and Clearing Limited

General Summary of Hong Kong Exchanges and Clearing Limited

Hong Kong Exchanges and Clearing Limited (HKEX) was established in 2000 following the merger of the Hong Kong Stock Exchange and the Hong Kong Futures Exchange. HKEX plays a pivotal role in Asia-Pacific financial markets, serving as the primary venue for securities trading in Hong Kong.

As of 2024, HKEX operates a diverse range of products including:

• Equities
• Derivatives
• Exchange-traded funds (ETFs)
• Fixed income
• Commodities

In 2024, HKEX reported total sales revenue of approximately HKD 20 billion, demonstrating resilience and growth in a competitive market. The company continues to expand its product offerings and improve trading technologies, enhancing its operational efficiency.

Company's Financial Performance in the Latest Financial Reports

In its latest financial report for the year ending 2023, HKEX achieved record-breaking revenue of HKD 25.9 billion, a notable increase of 16% compared to the previous year. This growth was primarily driven by a surge in trading volume across equities and derivatives.

The breakdown of revenue sources is as follows:

The increase in trading volume has also contributed to a significant rise in market capitalization, reaching approximately HKD 4 trillion at the end of 2023. This ongoing growth positions HKEX as a key player in the global financial arena.

Introduction to HKEX as a Leader in the Industry

As one of the leading exchanges in the Asia-Pacific region, HKEX is known for its innovation and adaptability in the financial market. The company's strategy focuses on expanding its international reach and enhancing its technological capabilities.

HKEX's initiatives include promoting new listing opportunities, enhancing market infrastructure, and developing derivatives markets. These efforts have solidified its status as a leading exchange, attracting investment from global market participants.

For further insights into HKEX's competitive advantages and successful strategies, continue to explore the comprehensive details below.

Mission Statement of Hong Kong Exchanges and Clearing Limited

Mission Statement of Hong Kong Exchanges and Clearing Limited

The mission statement of Hong Kong Exchanges and Clearing Limited (HKEX) is vital in shaping its strategic direction and long-term goals. It emphasizes the commitment to maintaining a robust and efficient market infrastructure while facilitating the growth of the financial ecosystem in Hong Kong and beyond. The focus is on delivering high-quality products, services, and solutions to its stakeholders, which include investors, listed companies, and the broader financial community.

Core Component 1: Facilitate Capital Formation

One of the primary components of HKEX's mission statement is its focus on facilitating capital formation. The exchange supports companies in raising funds through IPOs and other financing options, contributing to economic growth.

In 2022, HKEX recorded **107 IPOs** raising a total of approximately **$20.9 billion**. This positions HKEX as a leading global IPO venue. In terms of market capitalization, as of October 2023, the total market capitalization of listed companies on HKEX reached about **$4.9 trillion**, underscoring its critical role in capital markets.

Core Component 2: Ensure Market Integrity

Another essential aspect of HKEX’s mission is ensuring market integrity. HKEX employs stringent regulations and oversight mechanisms to enhance transparency and maintain investor confidence. The exchange operates under a robust regulatory framework which is essential for preserving the stability and reputation of the market.

As of the latest reports, HKEX has initiated numerous regulatory enhancements, including the introduction of the **Listing Rule amendments** in 2022 aimed at improving corporate governance. In 2023, HKEX launched **the new Centralized Trading Service**, aimed at increasing trading efficiency and market integrity.

Core Component 3: Innovation and Technology

The third core component of HKEX’s mission statement emphasizes innovation and technology. HKEX invests significantly in upgrading its technological infrastructure to enhance trading efficiency and product offerings.

In 2022, HKEX’s capital expenditure reached approximately **$900 million**, reflecting its commitment to technological advancements. The launch of the **HKEX Market Data Platform** has improved access to vital financial information, contributing to a more informed trading environment. Additionally, HKEX aims to advance its capabilities in areas such as **blockchain and fintech**, aligning with industry trends and customer demands.

HKEX’s mission statement and its core components exhibit a comprehensive approach to driving financial market development and supporting its stakeholders through capital formation, market integrity, and technological innovation.

Vision Statement of Hong Kong Exchanges and Clearing Limited

Vision for a Global Financial Hub

The vision of Hong Kong Exchanges and Clearing Limited (HKEX) emphasizes its role as a leading global financial marketplace. As of 2024, HKEX aims to maintain its competitive edge by enhancing its offerings and operations to attract international investors.

In 2023, HKEX reported an average daily trading volume (ADV) of approximately HKD 180 billion, with a total market capitalization for listed companies reaching around HKD 43 trillion.

Innovative Connectivity

HKEX's vision includes fostering innovative connectivity within financial markets. This has been illustrated through initiatives that create seamless access to various asset classes.

In 2023, HKEX launched the Northbound Trading program that connected the Hong Kong stock market with the mainland Chinese market. This program contributed to a 66% increase in cross-border trading compared to the previous year.

Sustainable Growth and ESG Leadership

HKEX envisions itself as a leader in sustainability and environmental, social, and governance (ESG) practices. In 2023, the exchange listed over 70 ESG-related funds, which attracted significant investment inflows.

As per the 2023 ESG report, HKEX targets a 50% reduction in carbon emissions across its operations by 2030, aligning with global sustainability goals.

Technological Advancement

The vision also encompasses a focus on technological advancement to improve market efficiency. As of 2024, HKEX has invested over HKD 1 billion in technology upgrades.

The introduction of blockchain technology for clearing and settlement processes has decreased transaction times by 30% since its implementation in late 2022.

Enhanced Customer Experience

Customer experience remains a critical component of HKEX's vision. The exchange aims for high engagement levels with stakeholders through various platforms.

• The 2023 customer satisfaction survey reflected a satisfaction rate of 85%.
• HKEX's customer service response time improved to an average of 1.5 hours, down from 3 hours in the previous year.

Core Values of Hong Kong Exchanges and Clearing Limited

Integrity

Integrity is a fundamental core value at Hong Kong Exchanges and Clearing Limited (HKEX). It emphasizes the importance of honesty, fairness, and transparency in all dealings and transactions.

In 2022, HKEX achieved a 99.9% satisfaction rate in compliance with regulatory requirements, showcasing its commitment to maintaining high ethical standards. The company also implemented a stringent compliance training program for employees, with 95% of staff completing the training in 2023.

Innovation

Innovation drives HKEX to adapt to the rapidly changing financial landscape. This value is crucial for creating cutting-edge products and services that enhance market efficiency.

In 2023, HKEX launched a new trading platform that reduced trade execution times by 30%, significantly improving user experience. The company invested HKD 3 billion in technology upgrades and initiatives over the last fiscal year to foster innovative solutions.

Collaboration

Collaboration is at the heart of HKEX's operational philosophy, promoting teamwork both internally and with external stakeholders.

In 2023, HKEX engaged in over 50 partnerships with global fintech firms to expand its service offerings. Employee engagement surveys indicated a 90% collaboration satisfaction rate among staff, reflecting a strong team-oriented culture within the organization.

Excellence

Excellence is a hallmark of HKEX's approach to providing top-tier services and maintaining the highest standards in market operations.

In its latest earnings report, HKEX reported an operating profit of HKD 13 billion for the first half of 2023, representing a 10% increase year-over-year. The company has a commitment to continuous improvement, as evidenced by its fewer than 5 operational disruptions reported in 2022.

Accountability

Accountability reinforces HKEX's commitment to delivering results and maintaining responsibility for actions taken across its operations.

In 2024, HKEX achieved a 100% compliance rate with its internal audits and received commendations from regulatory bodies for its governance practices. The company has established a quarterly review process to assess progress on key performance indicators, which has led to a 15% increase in productivity metrics since its inception.