Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
The volume of trading on the Hong Kong exchange
World exchanges

The volume of trading on the Hong Kong exchange exceeded the indicators on the London site

26.11.2021
2 min read

Trading volume on the exchange in Hong Kong reached $25 billion

For several months the volume of trading on the exchange in Hong Kong has been growing. The results of this site have already exceeded the performance of the London Stock Exchange four times.
Experts calculated the average turnover of funds that pass through the platform in Hong Kong during the day. For this purpose, we took last month’s figures, and the result was $25 billion. For comparison, during the same period last year, it was $10 billion. Despite the fact that Hong Kong’s results exceeded London’s by 4 times, Asia is still far away from the U.S. venue NYSE. The New York Stock Exchange has an average daily turnover of $44 billion.
According to experts, the increase in Hong Kong indicators shows growing demand for securities. Investors from China, who have invested about $50 billion in the last few months, work mainly on this site.
It should also be noted that the London Stock Exchange is losing its position. For example, in the previous month the leader in terms of trading volume in Europe was Amsterdam, displacing the capital of Great Britain. The decline in turnover on the London site is due to the withdrawal of the kingdom from the European Union. Despite the fact that Brexit officially ended in January 2020, during the year there was still a transition period. Now the UK has finally left the EU market, and began to operate under its own laws and rules. These changes have affected the stock exchange as well, some European companies have left the site.Despite the success of Hong Kong, other stock exchanges in the Asia-Pacific region last week showed a decline in the main indices. This happened against the backdrop of an active rise before, which caused some concerns among experts. Analysts were afraid that sharp jumps could lead to market overheating.
South Korea’s KOSPI index fell 0.89% to 3,134.97 points. Australia’s S&P/ASX 200 fell 0.4 percent to 6,885.2 points. The Nikkei 225 in Japan declined 0.58% to 30292.2 points. At the same time the Hang Seng index of the Hong Kong Stock Exchange increased by 1.1% to 31084.9 points. The latter has been showing growth for 7 sessions in a row and for the first time since 2018 exceeded the level of 31000 points. Against the background of the current situation in the region’s stock market, experts expect the bullish trend to continue.
Despite the fall, analysts note that the stock exchanges are developing well and will soon resume growth without sharp jumps.

Tags: World exchanges
0
Previous Post Wood Mackenzie analysts: oil prices expected to collapse Next Post Startup Turntide Technologies received $80 million in funding

You Might Also Like

Walmart company
World exchanges
Walmart company: profit growth for the largest retail chain
12.09.2020
Moscow Exchange has launched
World exchanges
Moscow Exchange has launched the possibility of transactions in the credit market
04.02.2022
Cryptocurrency exchange Coinbase
World exchanges
Cryptocurrency exchange Coinbase reported last quarter’s successes
14.02.2022
commodity trading profit
World exchanges
Oliver Wyman: commodity trading brings record profits
22.06.2023
British government
World exchanges
British Government introduces new rules for listing on stock exchanges
29.07.2021
ZB
World exchanges
Cryptocurrency exchange ZB underwent a hacker attack
08.10.2022

Popular Posts

  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics