Hong Kong Exchanges & Clearing said its net profit reached 3.84 billion Hong Kong dollars ($494.74 million) in the first three months of the year, up 70% from HK$2.26 billion a year earlier, as average daily turnover surged 86%.
"HKEX has had a strong start to 2021, reporting record quarterly revenue and other income and profit," Calvin Tai, the operator's interim chief executive, said in a statement. "This was driven by a buoyant IPO market and very robust trading volumes."
