3 February 1891; 133 years ago (1891-02-03) (as Association of Stockbrokers in Hong Kong) 21 February 1914; 110 years ago (1914-02-21) (as Hong Kong Stock Exchange)
The Stock Exchange of Hong Kong (香港交易所, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the 9th largest globally by market capitalization as of August 2024.[2] The exchange plays a crucial role in connecting international investors with mainland Chinese companies, serving as a major platform for capital raising. Unlike mainland Chinese exchanges, it operates under Hong Kong’s distinct regulatory framework, which allows greater access to foreign investors.[3][4]
The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists (SEHK: 388) and that in 2021 became the world's largest bourse operator[5] in terms of market capitalization, surpassing Chicago-based CME. A 2021 poll reported that approximately 57% of Hong Kong adults had money invested in the stock market.[6] The physical trading floor at Exchange Square was closed in October 2017.[7]