Ambitious HKEX's profit soars on trading volume

Active trading markets have allowed Hong Kong Exchanges and Clearing (HKEX) to record a record profit of HK$1.08bn ($138.11m) for the first quarter of 2007, up from HK$564.82m the year before. The impressive numbers actually outstrip equivalent accounts at Chicago Mercantile Exchange (CME), a statistic that surprised market observers.