This Year, Numbers Are Up At The Hong Kong Stock Exchange...
For want of anything better to chuck up onto the front page of my blog, here's a photo of the trading floor of the Hong Kong Stock Exchange.
Getting the picture was a bit tricky, as I had to stand on one of those wibbly wobbly thin rotating bar stools, carefully holding the camera aloft with both my arms held up straight above my head. Probably caused a safety hazard as I got immediately reprimanded by a security guard. As usual. But I said sorry, even though I was being careful.
Anyway, the reason I was there was to cover yet another facet of the nascent economic boom in these parts.
At a press conference at 5pm, Hong Kong Exchanges and Clearing Limited (HKEx) announced the 2010 financial results for HKEx. And that was a healthy 7% increase in profit before taxation of 5,954m Hong Kong dollars, up from 5,542m Hong Kong dollars in 2009. Average daily turnover of stocks and derivatives on the Hong Kong Stock Exchange was also up. From Hong Kong dollars 62.3bn in 2009 to Hong Kong dollars 69.1bn in 2010. That's an 11% increase.
Some people are richer here this year, with more money to play the stock market...
ALEX HOFFORD : HONG KONG CHINA STOCK EXCHANGE PHOTOGRAPHER