Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Hong Kong Exchanges and Clearing Limited owns and operates the stock and derivatives exchange and clearing houses in Hong Kong. HKEx operates five segments, with the cash market covering equities products while the derivatives market encompasses options and futures. The commodities division was established by the acquisition of the London Metal Exchange in 2012. The clearing business clears and settles the respective financial instruments of the above divisions while over-the-counter clearing also clears unlisted financial products. The technology division offers connection and data access to the exchange.
Hong Kong, Hong Kong