Narrative Update • May 05

Over the last 7 days, the Financial Exchanges and Data industry has risen 2.9%, driven by gains from Hong Kong Exchanges and Clearing of 2.9%. In the last 12 months, the industry was up 13%. Earnings are forecast to grow by 7.5% annually.
Has the Hong Kong Financial Exchanges and Data Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 09 May 2026 | HK$581.6b | HK$39.1b | HK$18.7b | 23x | 31.1x | 14.9x |
| Mon, 06 Apr 2026 | HK$543.5b | HK$37.7b | HK$17.5b | 21x | 31x | 14.4x |
| Wed, 04 Mar 2026 | HK$553.1b | HK$37.3b | HK$19.7b | 29.1x | 28.1x | 14.8x |
| Fri, 30 Jan 2026 | HK$599.0b | HK$36.4b | HK$19.1b | 32.6x | 31.3x | 16.5x |
| Sun, 28 Dec 2025 | HK$561.4b | HK$36.3b | HK$19.1b | 30.1x | 29.4x | 15.5x |
| Tue, 25 Nov 2025 | HK$567.4b | HK$36.2b | HK$19.1b | 24.3x | 29.7x | 15.7x |
| Thu, 23 Oct 2025 | HK$580.9b | HK$33.7b | HK$17.3b | 27.4x | 33.6x | 17.2x |
| Sat, 20 Sep 2025 | HK$612.4b | HK$33.7b | HK$17.3b | 29.6x | 35.4x | 18.2x |
| Mon, 18 Aug 2025 | HK$601.1b | HK$30.3b | HK$14.8b | 61.9x | 40.5x | 19.8x |
| Wed, 16 Jul 2025 | HK$575.3b | HK$30.4b | HK$14.9b | 33.3x | 38.7x | 19x |
| Fri, 13 Jun 2025 | HK$550.9b | HK$30.3b | HK$14.8b | 50.4x | 37.2x | 18.2x |
| Sun, 11 May 2025 | HK$499.7b | HK$30.2b | HK$14.8b | 46.9x | 33.8x | 16.6x |
| Tue, 08 Apr 2025 | HK$397.6b | HK$28.5b | HK$13.7b | 31.5x | 29.1x | 14x |
| Thu, 06 Mar 2025 | HK$467.3b | HK$27.9b | HK$13.3b | 33.7x | 35.2x | 16.7x |
| Sat, 01 Feb 2025 | HK$402.2b | HK$26.4b | HK$12.1b | 22.1x | 33.3x | 15.2x |
| Mon, 30 Dec 2024 | HK$396.9b | HK$26.4b | HK$12.1b | 22.6x | 32.9x | 15.1x |
| Wed, 27 Nov 2024 | HK$377.8b | HK$26.4b | HK$12.1b | 23.8x | 31.3x | 14.3x |
| Fri, 25 Oct 2024 | HK$409.3b | HK$26.5b | HK$12.1b | 27.4x | 33.9x | 15.4x |
| Sun, 22 Sep 2024 | HK$316.3b | HK$26.3b | HK$11.9b | 15.6x | 26.6x | 12x |
| Tue, 20 Aug 2024 | HK$305.5b | HK$25.7b | HK$11.9b | 15.2x | 25.7x | 11.9x |
| Thu, 18 Jul 2024 | HK$320.0b | HK$25.6b | HK$11.8b | 18.4x | 27.2x | 12.5x |
| Sat, 15 Jun 2024 | HK$338.2b | HK$25.6b | HK$11.8b | 18.4x | 28.8x | 13.2x |
| Mon, 13 May 2024 | HK$376.7b | HK$25.6b | HK$11.8b | 18x | 32x | 14.7x |
| Wed, 10 Apr 2024 | HK$308.4b | HK$26.0b | HK$12.2b | 18.2x | 25.3x | 11.9x |
| Fri, 08 Mar 2024 | HK$318.7b | HK$25.5b | HK$12.2b | 17.1x | 26.2x | 12.5x |
| Sun, 04 Feb 2024 | HK$310.3b | HK$25.8b | HK$12.5b | 13.9x | 24.7x | 12x |
| Tue, 02 Jan 2024 | HK$357.1b | HK$25.9b | HK$12.6b | 16.7x | 28.4x | 13.8x |
| Thu, 30 Nov 2023 | HK$370.6b | HK$25.8b | HK$12.5b | 16.1x | 29.5x | 14.3x |
| Sat, 28 Oct 2023 | HK$364.6b | HK$25.7b | HK$12.5b | 13.1x | 29.1x | 14.2x |
| Mon, 25 Sep 2023 | HK$388.6b | HK$25.0b | HK$11.9b | 12.7x | 32.8x | 15.6x |
| Wed, 23 Aug 2023 | HK$372.5b | HK$24.6b | HK$11.8b | 15.1x | 31.5x | 15.1x |
| Fri, 21 Jul 2023 | HK$386.5b | HK$23.9b | HK$11.1b | 17.1x | 34.9x | 16.2x |
| Sun, 18 Jun 2023 | HK$416.3b | HK$24.0b | HK$11.1b | 24.8x | 37.5x | 17.4x |
| Tue, 16 May 2023 | HK$411.7b | HK$24.1b | HK$11.1b | 18.8x | 37x | 17.1x |
37x
How does Hong Kong Financial Exchanges and Data compare with similar industries?
| HK Market | 1.06% | |
| Financials | 0.80% | |
| Capital Markets | 3.25% | |
| Financial Exchanges and Data | 2.91% | |
| Diversified Capital Markets | 5.80% | |
| Investment Banking and Brokerage | 3.63% | |
| Asset Management | 1.38% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 388 Hong Kong Exchanges and Clearing | HK$424.20 | 2.9% +HK$14.9b | 13.9% | PE28.4x | |
| 9636 JF SmartInvest Holdings | HK$38.74 | 7.7% +HK$1.3b | -1.9% | PE17.6x | |
| 8017 TradeGo FinTech | HK$1.35 | 15.4% +HK$126.8m | 136.8% | PE10.3x | |
| 3887 HashKey Holdings | HK$4.08 | 0.7% +HK$83.0m | n/a | PS15.6x | |
| 863 OSL Group | HK$12.51 | 0.2% +HK$27.1m | 13.1% | PS23.1x |