Hong Kong Exchanges and Clearing Limited (HKEX) announced its full-year financial results for 2025. The group reported total revenue and other income of HK$29.161 billion, representing a 30% increase compared to 2024. Profit attributable to shareholders reached HK$17.754 billion, a 36% year-on-year rise. Basic earnings per share stood at HK$14.05, and a second interim dividend of HK$6.52 per share was declared.
In the fourth quarter of the 2025 financial year, HKEX recorded revenue and other income of HK$7.31 billion, up 15% year-on-year. Main business revenue amounted to HK$6.665 billion, an 11% increase from the same period last year. Profit attributable to shareholders for the quarter was HK$4.335 billion, also rising by 15%.
Group CEO Ms. Chen Yiting stated that 2025 was a year in which HKEX fully leveraged its role as a global super-connector, reclaiming its position as the world's top venue for IPO fundraising. Both trading volume and financial performance reached record highs. She described the year as one of sustained development, active expansion, and determined reform for the group. HKEX continuously enhanced its product ecosystem and market microstructure to stay aligned with global investor trends, including diversified global capital allocation and the rise of Asian innovation.
Despite strong market performance in 2025, the exchange remains committed to improvement and accelerating its strategic positioning. It continues to advance several major reforms in the securities market and has made strategic investments to expand its diverse asset ecosystem. These include acquiring a 20% equity stake in Xunqing Clearing and facilitating the opening of the first LME-approved warehouses in Hong Kong, thereby expanding into emerging business areas.
In the current macroeconomic environment, while market volatility is expected to persist in 2026, HKEX also sees reasons for optimism. Amid an increasingly multipolar geopolitical landscape, global investors are seeking diversification and risk management through Asian markets, particularly Chinese assets. The group believes its long-term strategic development plan—including significant investment in critical infrastructure upgrades—will ensure its business remains competitive in global markets. This strategy will also consolidate Hong Kong's status as an international financial center and facilitate capital flows within Asia and between Asia and the rest of the world.
In 2026, HKEX will continue to leverage its unique advantages to meet the evolving needs of global investors, enhancing market accessibility and competitiveness.