6:55 PM Hongkong, China - Hong Kong Exchanges and Clearing Limited revenue rose 28% and net profit rose 35%.

Hong Kong Exchanges and Clearing Limited, operator of stock exchange and futures exchange reported first quarter revenues rose 28% to HK$1.71 billion from HK$1.34 billion a year ago. Net profit in the quarter rose 35% to HK$1.13 billion or HK$1.04 per diluted share compared to net profit of HK$834 million or HK$0.77 per share a year ago

Hong Kong Exchanges and Clearing Limited, in the last one year traded as high as HK$154.00 in January 2010 and as low as HK$99.60 in May 2009. Based on the yesterday’s closing price of HK$123.10 the company has market cap of HK$132.40 billion.