Published On: Fri, Feb 11th, 2011

HKEX Shares Unusual Price and Trading Volume Movements

The HKEX made a Voluntary Announcement about the recent unusual price and trading volume movements of the shares of Hong Kong Exchanges and Clearing Limited (“HKEx”) and wish to state that we are not aware of any reasons for such movements.

We also confirm that there are no negotiations or agreements relating to intended acquisitions
or realisations which are discloseable under Rule 13.23 of the Rules Governing the Listing of
Securities on The Stock Exchange of Hong Kong Limited (“Listing Rules”), neither is the
Board aware of any matter discloseable under the general obligation imposed by Rule 13.09
of the Listing Rules, which is or may be of a price-sensitive nature.

We are aware of the recent announcements by leading global exchanges regarding
contemplated merger transactions and are monitoring these developments. At this point in
time, HKEx is not involved in any discussions with other exchanges or industry participants
regarding mergers or alliances involving equity ownership.

Our Strategic Plan for 2010 to 2012 remains unchanged. As stated in our plan, where
appropriate, we may seek strategic alliances with technology providers, industry participants
and our regional and global counterparts to expedite our growth initiatives. Any alliance we
pursue would need to present strategically compelling benefits consistent with our focus on
markets in Greater China.

Made by the order of the HKEx Board of Directors (except Dr CHEUNG Kin Tung, Marvin
who cannot be contacted for being out-of-town) of which individually and jointly accept
responsibility for the accuracy of this statement.

About the Author


Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

IRP Journal

IRP Journal



Poll results are published in our Weekly Newsletter -->
All Rights Reserved WIld Wild Web Limited