Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY) Stock Price Up 2.1% – Time to Buy?
by Amy Steele · The Cerbat GemHong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY – Get Free Report) shot up 2.1% during trading on Thursday . The stock traded as high as $52.05 and last traded at $51.84. 118,354 shares changed hands during trading, a decline of 27% from the average session volume of 163,108 shares. The stock had previously closed at $50.79.
Hong Kong Exchanges and Clearing Price Performance
The company’s 50-day moving average is $53.91 and its two-hundred day moving average is $54.73.
Hong Kong Exchanges and Clearing Company Profile
Hong Kong Exchanges and Clearing Limited (OTCMKTS: HKXCY) is one of Asia’s leading financial infrastructure providers, operating the primary securities and derivatives markets in Hong Kong. The company owns and manages the Stock Exchange of Hong Kong, Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company, offering a comprehensive range of trading, clearing, settlement and depository services. Through its trading platforms, Hong Kong Exchanges and Clearing facilitates the issuance and trading of equities, exchange-traded funds, bonds and derivatives, catering to both institutional and retail investors.
In addition to its core securities and derivatives operations, Hong Kong Exchanges and Clearing provides market data, indices and technology solutions designed to enhance transparency and risk management.
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