Summary by Futu AI
HKEx's first quarter financial results for 2024 showed that despite the weak global macro environment, the Group's derivatives and commodities business performed strongly, with derivatives trading hitting a quarterly high. The group's chief executive, Chen Yi-ting, said that although the stock market was weak, investor confidence was recovering, IOT trading volumes were rising, and bond transactions reached a quarterly high. China Securities and Exchange Commission's introduction of measures to support Hong Kong's capital market development will further enhance market attractiveness. In the first quarter of 2024, HKEx revenue and other income amounted to $52.01 billion, down 6% from the same period last year, and shareholder profit was $2970 billion, down 13%. During the period, the new Group Chief Executive Officer...Show More