HKEX trading fee drops as protests dent sentiment, but CEO hopeful of big IPOs


HONG KONG: Hong Kong Exchanges and Clearing Ltd (HKEX) reported a 21% drop in trading fee for the first half of the year, as the Sino-US trade war and political unrest in the Asian financial hub hurt market sentiment.

Charles Li, CEO of the stock exchange operator, told reporters yesterday that Hong Kong would weather the latest turmoil as it had previous ones including the SARS epidemic in 2003.

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