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via finance.yahoo.comMarkets

HKEX shares fall nearly 2% as Q3 profit slips amid slower market activity

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Hong Kong Exchanges and Clearing Limited (HK:0388) shares fell on Friday after the exchange operator reported a decline in third-quarter profit due to softer activity in its cash and Southbound Stock Connect markets. Still guessing which stocks will beat the…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLower profit and weaker turnover weigh on the Hong Kong exchange operator shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Attributable profit fell 1% to HK$4.86 billion.
  2. 02Average daily turnover fell 11% to HK$254.2 billion.
  3. 03Shares fell 1.7% to HK$387.80.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Hong Kong Exchanges and Clearing Limited0388.HKStock385.60 HKD+0.26%today -2.28%Negative Hang Seng IndexINDEX:HSIIndex24,495.50+0.02%today -1.22%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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