Hong Kong Exchanges: Structural Growth Opportunities Intact Despite Short-Term Headwinds [Seeking Alpha]
SINGAPORE EXCH UNSP/ADR (SPXCY)
NASDAQ:AMEX Investor Relations:
investorrelations.sgx.com
Company Research
Source: Seeking Alpha
Summary The outlook for securities market ADT and fund-raising activities such as IPOs is not as rosy for the remainder of 2020, if the market stays in risk-off mode. There has been limited progress on the launch of the MSCI China A Index futures, but the Stock Connect initiative launched in November 2014 continues to be a great success. HKEX has been comparatively slower in growing revenue contribution from other asset classes compared with its peer Singapore Exchange Limited, and this implies room for growth in the future. HKEX currently trades at 29.2 times consensus forward next twelve months P/E and offers a consensus forward FY2020 dividend yield of 3.1%. Elevator Pitch I maintain my "Neutral" rating on Hong Kong Exchanges and Clearing Limited ( OTCPK:HKXCY OTCPK:HKXCF However, there are near-term headwinds, with a bleak outlook for securities market ADT or Average Daily Turnover Value and fund raising activities like IPOs assuming the market stays in risk-off mode. Furthermore,
Show less
Read more
Impact Snapshot
Event Time:
SPXCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPXCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPXCY alerts
High impacting SINGAPORE EXCH UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SPXCY
News
- Unveiling Three Premier Singapore Dividend Stocks Yielding Up To 7.6% [Yahoo! Finance]Yahoo! Finance
- ST Engineering Aethon Launches Zena RX: Redefining Secure Delivery of Medications, Specimens and Sensitive Goods in Hospitals [Yahoo! Finance]Yahoo! Finance
- Singapore Exchange's (SGX:S68) five-year earnings growth trails the respectable shareholder returns [Yahoo! Finance]Yahoo! Finance
- Exploring Top Dividend Stocks In Singapore For April 2024 [Yahoo! Finance]Yahoo! Finance
- Unveiling Three Top Dividend Stocks In Singapore With Yields Up To 8.1% [Yahoo! Finance]Yahoo! Finance