What is the name of Hong Kong exchange?

Hong Kong Exchanges and Clearing Limited (HKEX) underwent a significant transformation as part of a reform process. This transformation involved the demutualisation of two key entities: The Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Futures Exchange Limited (HKFE).

Prior to the reform, SEHK and HKFE operated independently, each with its own governance structure and operational frameworks. However, with the changing landscape of financial markets and the need for greater efficiency and integration, the decision was made to merge these two exchanges.

Alongside SEHK and HKFE, Hong Kong Securities Clearing Company Limited (HKSCC) also played a pivotal role in the reform. HKSCC, responsible for clearing and settling securities transactions, was instrumental in ensuring a smooth transition during the merger process.

The result of this reform was the creation of a single holding company, HKEX, which now oversees the operations of SEHK, HKFE, and HKSCC. This new structure allows for greater coordination and collaboration among the various entities, enhancing the overall efficiency and effectiveness of the Hong Kong financial markets.

HKEX, as the resulting entity, has become a leading player in the global financial markets. It offers a diverse range of products and services, catering to the needs of investors and traders from around the world. Its status as a top-tier exchange has made it a preferred destination for companies seeking to list their shares and raise capital.