Financial Services
Hong Kong Exchanges and Clearing Limited(HKXCF)
Live Price
Offline$47.59
-1.53% today
1Y Change
-11.77%
Window
Jun 30, 2025 โ Jun 23, 2026
- Market Cap
- $521.29B
- Revenue Growth
- +68.1%
- EPS Growth
- +35.6%
- Dividend Yield
- 3.0%
Coverage: 242 bars ยท Jun 30, 2025 โ Jun 23, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Hong Kong Exchanges and Clearing Limited (HKXCF) is a Financial Services stock with a market cap of $521.29B and listed on OTC. The stock last traded around $47.59 and down 11.8% across the available one-year price window (Jun 30, 2025 โ Jun 23, 2026). Baseline metrics include revenue growth of +68.1%, EPS growth of +35.6%, a dividend yield of 3.0%. What stands out right now is revenue +68.1%, EPS +35.6%, free cash flow +87.6% with operating margin 78.6% and ROIC 3.4%. The dividend matters to the case here, with a current yield around 3.0%. Valuation already assumes a fairly strong business story at P/E 27.6 and price/sales 18.1. Stock Foundry combines HKXCF price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Financial Services peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+68.1% vs +3.4% peer median
Operating Margin
Above sector median
+78.6% vs +4.7% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 29, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +68.1% and EPS at +35.6%, with operating margin around 78.6%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 3.0%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +1.4% over the next 5 trading days and finished higher after 3 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 29, 2026 | โ | +2.4% | +2.5% | -2.6% |
2026 Feb 26, 2026 | +14.1% | +1.4% | +0.1% | -8.2% |
2025 Nov 5, 2025 | +719.0% | +1.0% | +1.5% | -9.8% |
Benchmark Edge
HKXCF vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
Relative Read
HKXCF trails SPY
HKXCF is 30.50 pts behind over the shared 1Y window.
HKXCF had 12.67 pts deeper max drawdown than SPY.
HKXCF beat SPY in 0 of 2 calendar years shown and trailed in 2.
HKXCF
-11.77%
Normalized return
SPY
+18.73%
S&P 500
Excess Return
-30.50 pts
Relative to SPY
HKXCF Max Drawdown
-21.80%
Trailing 1Y
SPY Max Drawdown
-9.13%
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for HKXCF and SPY.
| Year | HKXCF | SPY | Excess | Leader |
|---|---|---|---|---|
| 2026 | -11.27% | +6.71% | -17.98 pts | SPY |
| 2025 | -4.91% | +11.19% | -16.10 pts | SPY |
Company Overview
Hong Kong Exchanges and Clearing Limited
Other OTC
Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. It operates through five segments: Cash, Equity and Financial Derivatives, Commodities, Post Trade, and Technology. The Cash segment covers various equity products traded on the cash market platforms of the Stock Exchange of Hong Kong Limited, the Shanghai Stock Exchange, and the Shenzhen Stock Exchange; sale of market data relating to the products; and other related activities. The Equity and Financial Derivatives segment provides and maintains trading platforms for a range of equity and financial derivative products, such as stock and equity index futures and options, derivative warrants, and callable bull/bear contracts and warrants, as well as sells related market data. The Commodities segment operates an exchange for the trading of base, ferrous, and precious metals futures and options contracts in the United Kingdom; and operates Qianhai Mercantile Exchange Co., Ltd., a commodity trading platform in the Mainland. This segment also covers commodities contracts traded on Futures Exchange. The Post Trade segment operates clearing houses that are responsible for clearing, settlement, depository, custodian, and nominee services. The Technology segment offers various services that provide users with access to the platform and infrastructure. The company serves issuers and investors. Hong Kong Exchanges and Clearing Limited is based in Central, Hong Kong.
- Leadership
- Yiting Chan
- IPO Date
- Feb 13, 2009
- Employees
- 2.4k
- Street Address
- Two Exchange Square
- Mailing
- Central
- Region
- Central, HK
- Reporting Currency
- USD
- Investor Line
- 852 2522 1122
- Last Updated
- Apr 29, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 27.6
- EV/EBITDA
- 13.4
- Price/Sales
- 18.1
- Price/Book
- 9.5
Growth
- Revenue
- +68.1%
- EPS
- +35.6%
- Free Cash Flow
- +87.6%
Profitability
- Gross Margin
- 85.1%
- Operating Margin
- 78.6%
- Net Margin
- 65.4%
- ROE
- 33.6%
- ROIC
- 3.4%
Balance Sheet
- Debt/Equity
- 0.02
- Current Ratio
- 726.80
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.