Hong Kong Exchange (0388) appoints new members to the Listing Committee and the Listing Review Committee

On July 10, Hong Kong Exchange (00388) announced the appointments of new members to its Listing Committee and Listing Review Committee, effective immediately.

Zhitong FinanceJul 10 18:36

Major Brokerage Cuts HKEX (0388.HK) Target Price to HK$502, Maintains 'Buy' Rating

HSBC Research published a report stating that market concerns over regulatory risks facing Hong Kong Exchanges and Clearing Limited (HKEX, 00388.HK) have likely already been largely priced into its share price, and believes the actual impact on its operations will be limited. The firm identifies four key factors supporting HKEX’s potential to outperform the broader market: higher-than-expected average daily trading volumes and IPO activity, rising revenues from Stock Connect programs (Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects), progress in developing its Fixed Income and Currencies (FIC) ecosystem, and continued expansion of products and infrastructure despite recent regulatory tightening. HSBC has raised its earnings forecasts for HKEX by 1.3% to 5.1% for the years 2026 to 2028, maintains its 'Buy' rating, although regulatory uncertainties persist.

AASTOCKSJul 10 16:21

JPMorgan (JPM.US) has hired two new bankers to expand its Hong Kong IPO business team.

JPMorgan (JPM.US) has hired two bankers qualified to serve as principal staff for sponsors, further strengthening its position in Hong Kong’s IPO market. Benjamin Seto, formerly a director at Citi, and Gary Lam, previously an executive director at China Merchants Securities, have joined JPMorgan as executive directors, reporting to Bai Sijia, Head of Hong Kong IPO and Corporate Finance at JPMorgan. JPMorgan has been seeking to expand its Hong Kong investment banking team and had previously attempted to hire Serena Yang from China Galaxy Securities (06881.HK) as Head of Greater China Consumer & Retail Investment Banking, though the effort was unsuccessful.

AASTOCKSJul 10 15:37

JPMorgan and Citi bankers are reported to join the Listing Committee of Hong Kong Exchanges and Clearing Limited (HKEX, stock code: 00388.HK).

Citing sources, Bloomberg reported that Nelly Pai, Head of IPO and Corporate Finance for JPMorgan in Hong Kong, and Alexander Schrantz, Managing Director at Citi, have both been nominated as members of the Listing Committee of Hong Kong Exchanges and Clearing Limited (HKEX, 00388.HK), amid heightened scrutiny by Hong Kong regulators over IPO quality. The two are set to replace Guo Yanxin of HSBC and Terence Keyes of Morgan Stanley, whose six-year terms have expired. Additionally, Choi Chung-fai, Senior Executive Director of the Intermediaries Supervision Department at the Securities and Futures Commission, will also join the committee. HKEX declined to comment on

AASTOCKSJul 10 10:18

Hong Kong Stock Market Concept Tracker | Sci-Tech Innovation, International, and Wealth Management Businesses All Gain Momentum! Brokerage Firms’ H1 2026 Earnings Surge Amid Divergence, Creating Opportunities (Including Related Concept Stocks)

The brokerage sector is currently at an inflection point where strong market expectations clash with elevated valuation levels.

Zhitong FinanceJul 9 07:17

HKEX (00388.HK) will simultaneously launch weekly and monthly options on Luxshare Precision (02475.HK) tomorrow.

Luxshare Precision Industry (02475.HK), a major player in Apple's supply chain, will make its debut listing on the Hong Kong Stock Exchange (HKEX) tomorrow (the 9th). HKEX (00388.HK) announced it will launch weekly and monthly options on Luxshare Precision shares on the same day, offering investors additional trading choices. HKEX has notified issuers that derivative warrants linked to Luxshare Precision shares may be listed on the same day as the shares' listing, and the shares will also be added to the list of designated securities eligible for short selling on that day.

AASTOCKSJul 8 17:18