Hong Kong Stock Exchange
Hong Kong Stock Exchange (SEHK), Hong Kong, China. In 2004, over 3.8 trillion Hong Kong dollars were traded on the SEHK (nearly 500 billion US dollars) and the hundreds of listed companies had a market value of about 6.6 trillion Hong Kong dollars (846 billion US dollars). Financial trading in Hong Kong dates back to 1866. The present SEHK formed in 1986 from a merger between four different stock exchanges. Thousands of traders use sophisticated telecommunication systems and computer databases to trade financial products on the world markets. The SEHK is one of the world's leading stock exchanges. From 2000, it became a subsidiary of HKEx (Hong Kong Exchanges and Clearing Limited).
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