Overview
- Full-year net profit rose 36% to about HK$17.75 billion, beating market expectations.
- Fourth-quarter profit increased 15% to HK$4.34 billion, topping an estimate of roughly HK$3.8 billion.
- Equity trading activity rose about 93% in 2025, southbound Stock Connect volume jumped around 151%, and more than 400 listing applications are in the pipeline.
- HKEX proposed a HK$6.52 second interim dividend, lifting the 2025 total to HK$12.52 while maintaining a 90% payout ratio.
- Executives said Hong Kong reclaimed the top global IPO ranking with 119 listings raising about US$36.7 billion in 2025, while warning that market volatility could persist in 2026 even as interest in Asian assets grows.