Hong Kong Exchanges

Exchange entity Hong Kong Exchanges and Clearing Limited (HKEX)
Conducts business in Hong Kong
Number of listed companies (dec./16, WFE) 2,186
Domestic market capitalization (in Millions USD, dec./16, WFE) 4,443,082
Has signed the SSE Commitment Letter? Yes
Has sustainability report Yes
Requires comprehensive sustainability reporting as a listing rule? Yes
  • Comply or explain as of 2016 - if the issuer does not report on one or more of the provisions, it must provide reasons in its ESG report.
  • Listing requirement can be found in the ESG Reporting Guide, Appendix 27 to the Main Board Listing Rules, here.
  • Consultation paper and conclusions on ESG reporting guide found here.
Offers written guidance on ESG reporting? Yes
Offers ESG related training? Yes;
  • The Exchange from time to time provides training and gives presentations to promote ESG reporting.  HKEX representatives also give presentations at the events organised by various non-governmental organisations and professional organisations to identify the latest trends and share practical advice in relation to ESG reporting.
  • The Director Training Programme 2017/2018 also covers the topic of ESG reporting.
Provides sustainability-related indices? No
Has sustainability bond listing category? ? No
  • However, as at 31 March 2018, there were 10 green bonds listed on the Exchange.
Additional Information  
  • HKEX has been rated highly or awarded by both local and overseas rating agencies or professional institutions in recognition of its achievement in corporate governance and CSR. More details are available on the HKEX Group website.
    • As part of the Exchange’s ongoing initiative to raise the overall standard of ESG performance and disclosures among issuers, the Exchange has conducted market consultations on proposed changes to the ESG reporting requirements under the Listing Rules.
  • In addition, the Exchange conducts periodic review of issuers’ ESG disclosures and publishes its findings on the HKEX Market website.
Organizational model of stock exchange
  • Listed company for profit; demutualized in 2000
Regulatory bodies
  • Securities and Futures Commission
Regulatory model
  • HKEX is a recognised exchange controller under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). The Exchange is responsible under statute for ensuring, so far as reasonably practicable, that the Hong Kong markets are fair, orderly and informed (the Exchange’s statutory duty). The Securities and Futures Commission performs a lead role in market regulation and certain areas of listing regulation and a complementary role through the exercise of its statutory powers of investigation and enforcement in cases involving corporate misconduct. Details of the regulatory framework of Hong Kong's securities market are available on the HKEX Market website
About the stock exchange
  • Location: Hong Kong As one of the largest financial market operators in the world, HKEX and its subsidiaries provide world-class facilities for trading and clearing securities and derivatives in equities, commodities, fixed income and currency. Headquartered in Hong Kong, the Group has offices in London, Beijing, Shanghai, Shenzhen and Singapore.In Hong Kong, HKEX is a recognised exchange controller under the Securities and Futures Ordinance. Through its subsidiaries, HKEX operates the securities and derivatives markets and is the frontline regulator of listed issuers in Hong Kong. It also provides clearing and settlement services, depository and nominee services, and information services across multiple products and asset classes. In collaboration with the Shanghai and Shenzhen stock exchanges, HKEX operates Stock Connect, a mutual market access programme which gives investors in the Hong Kong and Mainland securities markets access to the other market. In London, HKEX indirectly owns The London Metal Exchange (“LME”), an exchange for the trading of futures and options contracts on base and other metals, and LME Clear Limited which provides clearing and settlement services for all exchange contracts traded on the LME. HKEX was listed in Hong Kong in 2000.  More information about HKEX and its subsidiaries is available on the HKEX Group website.
Ownership of Exchange (Shares >4% only) Share
Government Of The Hong Kong Special Administrative Region 5.38%