HKEX in 2024: Year in Review

In 2024, Hong Kong Exchanges and Clearing Limited (HKEX) achieved significant milestones, including new leadership, enhanced connectivity with international markets, and strategic initiatives to solidify its role as a global financial hub. HKEX ranked among the world’s top four IPO venues, raising $83 billion from 66 listings, and celebrated the 10th anniversary of Stock Connect with expanded offerings. Key developments included plans to open a Riyadh office, updated ETF eligibility under Stock Connect, and the launch of innovative products like Asia’s first Spot Virtual Asset ETFs. Infrastructure upgrades, such as new platforms for post-trade services and in-kind ETP creation, bolstered operational resilience. Sustainability efforts advanced with a new ESG focus, mandatory climate disclosures for listed firms starting in 2025, and significant community support through the HKEX Foundation. These initiatives, alongside record trading volumes and market innovations, position HKEX for continued growth and connectivity in 2025 and beyond.

Resources: https://www.hkex.com.hk/News/News-Release/2024/241220news?sc_lang=en