---
title: "Hong Kong Exchanges and Clearing Limited (HKXCY.US)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/HKXCY.US.md"
symbol: "HKXCY.US"
name: "Hong Kong Exchanges and Clearing Limited"
industry: "Financial Exchanges and Data"
datetime: "2026-04-16T10:05:20.380Z"
locales:
  - [en](https://longbridge.com/en/quote/HKXCY.US.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/HKXCY.US.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/HKXCY.US.md)
---

# Hong Kong Exchanges and Clearing Limited (HKXCY.US)

## Company Overview

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 Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivity segments. 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; clearing, settlement and custodian, listing, depository, and nominee services; 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, callable bull/bear contracts and warrants, and over the counter (OTC) derivatives contracts.

| Item | Detail |
|------|--------|
| Industry | Financial Exchanges and Data |
| Exchange | US Market |
| Website | [www.hkex.com.hk](https://www.hkex.com.hk) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-04-16T04:30:16.000Z

**Overall: C (0.45)**

**Industry**: Financial Exchanges and Data

| Metric | Value |
|--------|-------|
| Industry Ranking | 10 / 33 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Growth - Stocks whose main business is in the growth stage.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 29.48% |  |
| Net Profit YoY | 35.97% |  |
| P/B Ratio | 9.00 |  |
| Dividend Ratio | 3.03% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 67234497647.31 |  |
| Revenue | 3700615714.61 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 31.70% | A |
| Profit Margin | 61.53% | A |
| Gross Margin | 96.43% | A |
| Revenue YoY | 29.48% | A |
| Net Profit YoY | 35.97% | B |
| Total Assets YoY | 51.90% | A |
| Net Assets YoY | 7.74% | B |
| Cash Flow Margin | 144.34% | B |
| OCF YoY | 29.48% | A |
| Turnover | 0.06 | E |
| Gearing Ratio | 89.89% | E |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hong Kong Exchanges and Clearing Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "29.48%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "35.97%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "9.00",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "3.03%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "67234497647.31",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "3700615714.61",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "31.70%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "61.53%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "96.43%",
          "rating": "A"
        },
        {
          "name": "Revenue YoY",
          "value": "29.48%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "35.97%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "51.90%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "7.74%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "144.34%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "29.48%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.06",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "89.89%",
          "rating": "E"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 29.53 | 12/33 | 36.84 | 33.06 | 29.99 |
| PB | 9.00 | 27/33 | 10.10 | 9.71 | 9.09 |
| PS (TTM) | 18.17 | 28/33 | 22.01 | 19.86 | 18.39 |
| Dividend Yield | 3.03% | 4/33 | 2.69% | 2.52% | 2.31% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Cboe Global Markets (CBOE.US) | A | B | C | C | B | B |
| 02 | Tradeweb Markets Inc-Class (TW.US) | A | B | D | A | B | B |
| 03 | Factset Research (FDS.US) | A | C | B | C | B | B |
| 04 | MarketAxess (MKTX.US) | A | C | C | C | B | B |
| 05 | AGM (AGMH.US) | A | B | B | C | C | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/HKXCY.US/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/HKXCY.US/norm.md)
- [Related News](https://longbridge.com/en/quote/HKXCY.US/news.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**