What is the Hong Kong Stock Exchange?
The Hong Kong Stock Exchange is a large exchange based in Hong Kong, China. It is the second largest Asia according to market capitalization, only behind the Tokyt Stock Exchange. In 1891 it was originally formed as an association of stocks in Hong Kong. The replacement is operated as a company that serves a global customer base. The replacement offers over 1200 different lists.
Historically, the exchange was a physical space for investors to collect and trade shares. Shares are the form of ownership of the company - the value of shares is directly associated with the value of the company. Investors therefore speculate on how the value of different shares will change in the future and seeks to maximize their profits by purchasing shares before increasing value. Recently, a number of shares variants have been traded on the Internet.
The predecessor of the Hong Kong stock, the Association of Shares in Hong Kong, was founded in 18 years 91. After the Second World War, the stock exchange associated with a competitor, but retained its original name. The exchange received electronic trading in ROCE 1986, tendency shared by many other exchanges of time. During the history of the stock exchange, it has moved from the domestic market to the fully global market.
The Hong Kong Stock Exchange is operated as a profitable company that is responsible for its shareholders. The highest level of decision is carried out by the Exchange Board. For example, the Board of Directors will decide what the goals, strategies and business plan of the stock exchange will be. This brought some criticism of participants on the stock exchange. Some argue about a new regulatory body that has no commercial interest in corporation.
According to market capitalization, the Hong Kong stock exchange is the seventh largest in the world. The ET labeling is a measure of the corporation value based on the price of all its shares on the free market. On the other hand, the business value is in exchange 10. The largest.
The construction complex known as Exchange Square has been on the Hong Kong Stock Exchange since the 80s. But they face the uncertain future if jde o her relationship with the rapidly growing mainland China. Hong Kong was historically known as an important financial center in the world, but the People's Republic of China is threatening to shade it in the coming decades.