HKEx gets feel-good factor amid HKMA interventions
Currency interventions by the city's de-facto central bank to maintain the dollar peg led to a jump in call warrants betting on HKEx's stock. It could spell good news for market turnover.
.jpg&c=1&h=677&q=100&v=20243525&w=1204)
Repeated intervention by Hong Kong’s de-facto central bank in the currency market last month to curb HK dollar strength saw Hong Kong Exchanges & Clearing (HKEx, code 388:HK) benefit in a somewhat unexpected way from the resulting surge in interbank liquidity.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.