{
  "id": 18440898,
  "title": "HKEX posts first quarterly profit decline in over 2 years as Hong Kong market cools",
  "url": "https://urgent.news/2026/11/06/hkex-posts-first-quarterly-profit-decline-in-over-2-years-as-hong",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T04:17:39.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/markets/article/3373489/hkex-posts-first-quarterly-profit-decline-over-2-years-hong-kong-market-cools"
  },
  "original_language": "en",
  "account": "Hong Kong Exchanges and Clearing (HKEX), a key player in Asia's stock markets, disclosed a first quarterly profit decline in over two years due to a slowdown in trading activity. Profits dropped by 10 percent from the prior quarter, falling 1 percent year-on-year to HK$4.859 billion (US$620 million), or HK$3.84 per share. Despite falling short of analysts' estimates of HK$4.7 billion, this marked the exchange operator's first year-on-year profit drop in 10 quarters. HKEX's overall profit for the first three quarters reached a record high of HK$15.4 billion, up 15 percent year-on-year, meeting market expectations of the same amount. Exchange CEO Bonnie Chan Yiting expressed confidence in the long-term growth of Hong Kong's markets, stating their commitment to building a more diverse multi-asset ecosystem amid macro uncertainties.",
  "summary": "Hong Kong Exchanges and Clearing (HKEX), the operator of Asia’s third-largest stock market, has reported its first year-on-year decline in quarterly profit in over two years amid a slowdown in market turnover, with profits falling 10 percent compared to the previous quarter. Net profit for the three months to September fell 1 per cent year on year to HK$4.859 billion (US$620 million), or HK$3.84…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
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        "url": "https://urgent.news/2026/11/06/world-in-brief-tech-stocks-lose-2-5tn-paraguay-president-resigns-dr",
        "published": "2026-11-06T03:43:56.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "China, Hong Kong stocks tumble as global tech selloff deepens",
        "url": "https://urgent.news/2026/11/06/china-hong-kong-stocks-tumble-as-global-tech-selloff-deepens",
        "published": "2026-11-06T06:04:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}