HKex plunges by 3% against downgoing market

Hong Kong Exchanges and Clearing(0388) , which released its profit earnings yesterday, slumped sharply in the morning session to stand at HK$14.4, down HK$0.45, or 3.03%. Hong Kong Exchanges and Clearing released its first annual profit yesterday after listing . The results were just as the market expected. The annual net profit went up 68% to HK$879 mln for the year 2000 on the heated dealings of the first half of the year.

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