Barclays Q1 profit falls 12% as trading slump hits https://t.co/MaaJJ53UsH https://t.co/68S4PVCn26
BNP Paribas beats estimates as lower costs offset trading slump https://t.co/cdt2lJDmpu https://t.co/Y4Ble3TjBi
BNP Paribas beat estimates as lower costs offset slump in trading https://t.co/uoTR0pzAgw https://t.co/Ss3NnAKWt3

Hong Kong's bourse operator, HKEX, reported a 13% decline in Q1 profits due to weaker listings and trading activities, marking its second consecutive quarterly drop. This period poses a challenge for the new CEO, Bonnie Chan, who is navigating a sluggish trading environment. Additionally, the company's revenue also saw a decrease, with net profits sliding by approximately 12.9%. This downturn in performance is part of a broader trend affecting the financial sector, as evidenced by similar profit declines reported by major banks like BNP Paribas and Barclays.










