Previous close | 29.49 |
Open | 29.27 |
Bid | 29.44 x 40000 |
Ask | 29.48 x 38800 |
Day's range | 29.27 - 29.52 |
52-week range | 27.34 - 42.30 |
Volume | |
Avg. volume | 74,816 |
Market cap | 37.317B |
Beta (5Y monthly) | 0.83 |
PE ratio (TTM) | 25.66 |
EPS (TTM) | 1.15 |
Earnings date | 21 Aug 2024 |
Forward dividend & yield | 1.07 (3.63%) |
Ex-dividend date | 13 Mar 2024 |
1y target est | N/A |
(Bloomberg) -- The London Metal Exchange is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China — the world’s biggest metals market.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksYouTuber Dr Disrespect Was Allegedly Kick
HONG KONG (Reuters) -The London Metal Exchange (LME) is exploring the possibility of listing Hong Kong as an LME warehouse location, the chief executive of its owner said on Thursday, as the exchange looks to strengthen its global logistics footprint. Registering warehouses in China, the world's largest consumer of industrial metals, to store metal traded on the LME has been a strategic aim since Hong Kong Exchanges and Clearing (HKEX) bought the LME in 2012 for $2.2 billion. The exchange has recently said it is looking to expand its global warehouse network to add Saudi port Jeddah while Reuters reported in January it was also examining opening a warehouse location in Hong Kong.
Hong Kong's bourse operator said on Wednesday it plans to launch by the end of the year weekly options for 10 locally listed stocks, including HSBC Holdings and Alibaba Group Holding, in a bid to offer investors additional risk-management tools. Options are derivatives that offer the right to buy or sell particular securities, and can be used by investors to manage risks or execute trading strategies. The 10 stocks also include the Hong Kong Exchanges and Clearing Ltd (HKEX), Tencent Holdings, JD.com, Baidu and BYD Co, HKEX said in a statement on its website.