Hong Kong Exchanges and Clearing (HKXCY) to Announce Quarterly Earnings on Wednesday

Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY) will likely be releasing its results before the market opens on Wednesday, August 19th. Analysts expect Hong Kong Exchanges and Clearing to announce earnings of $0.4943 per share and revenue of $1.0085 billion for the quarter.

Hong Kong Exchanges and Clearing Trading Down 1.6%

HKXCY stock opened at $51.31 on Tuesday. Hong Kong Exchanges and Clearing has a twelve month low of $45.74 and a twelve month high of $59.49. The firm’s fifty day simple moving average is $49.67 and its two-hundred day simple moving average is $51.42.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Hong Kong Exchanges and Clearing to a “hold” rating in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Hong Kong Exchanges and Clearing Company Profile

Hong Kong Exchanges and Clearing Limited (OTCMKTS: HKXCY) is one of Asia’s leading financial infrastructure providers, operating the primary securities and derivatives markets in Hong Kong. The company owns and manages the Stock Exchange of Hong Kong, Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company, offering a comprehensive range of trading, clearing, settlement and depository services. Through its trading platforms, Hong Kong Exchanges and Clearing facilitates the issuance and trading of equities, exchange-traded funds, bonds and derivatives, catering to both institutional and retail investors.

In addition to its core securities and derivatives operations, Hong Kong Exchanges and Clearing provides market data, indices and technology solutions designed to enhance transparency and risk management.