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HKEx gets feel-good factor amid HKMA interventions

Georgina Lee
Currency interventions by the city's de-facto central bank to maintain the dollar peg led to a jump in call warrants betting on HKEx's stock. It could spell good news for market turnover.
HKEx gets feel-good factor amid HKMA interventions

Repeated intervention by Hong Kong’s de-facto central bank in the currency market last month to curb HK dollar strength saw Hong Kong Exchanges & Clearing (HKEx, code 388:HK) benefit in a somewhat unexpected way from the resulting surge in interbank liquidity.

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