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    388   HK0388045442

HONG KONG EXCHANGES AND CLEARING LIMITED

(388)
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Delayed Hong Kong Stock Exchange  -  09:54:42 2023-02-07 pm EST
338.40 HKD   -0.24%
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LME says it had regulatory obligation to cancel nickel trades in March - court documents

11/28/2022 | 12:34pm EST

LONDON, Nov 28 (Reuters) - The London Metal Exchange, battling a combined $472 million lawsuit from U.S. hedge funds Elliott Associates and Jane Street Global Trading, said it had a regulatory obligation to suspend and cancel nickel trades in March, according to court documents filed on Monday.

The world's oldest metals forum said its decision to cancel nickel trades on March 8 was its only appropriate option, and that subsequent analysis had reinforced that rationale, the documents showed. (Reporting by Pratima Desai and Kirstin Ridley; Editing by Jan Harvey)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
HONG KONG EXCHANGES AND CLEARING LIMITED -0.24% 338.4 Delayed Quote.0.12%
All news about HONG KONG EXCHANGES AND CLEARING LIMITED
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01/16Hong Kong Exchanges And Clearing : HKEX Management Changes
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01/16Hong Kong Exchanges and Clearing Limited Announces Executive Appointments
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Analyst Recommendations on HONG KONG EXCHANGES AND CLEARING LIMITED
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Financials
Sales 2022 18 026 M 2 297 M 2 297 M
Net income 2022 9 765 M 1 244 M 1 244 M
Net cash 2022 106 B 13 533 M 13 533 M
P/E ratio 2022 44,1x
Yield 2022 2,05%
Capitalization 429 B 54 698 M 54 698 M
EV / Sales 2022 17,9x
EV / Sales 2023 15,0x
Nbr of Employees 2 146
Free-Float 94,1%
Chart HONG KONG EXCHANGES AND CLEARING LIMITED
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Technical analysis trends HONG KONG EXCHANGES AND CLEARING LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 26
Last Close Price 339,20 HKD
Average target price 386,88 HKD
Spread / Average Target 14,1%
EPS Revisions
Managers and Directors
Alejandro Nicolas Aguzin Chief Executive Officer & Executive Director
Bik Yun Lau Group Chief Financial Officer
May Lung Cha Non-Executive Chairman
Chung Kwong Leung Group Chief Technology Officer
Trevor William Spanner Group Chief Information Officer
Sector and Competitors