HKEX listing revenues continue to slide, IWs go awol

A total of 9,125 DWs and 26,415 CBBCs were listed on Hong Kong Exchanges and Clearing (HKEX) from a group of 16 issuers in the first nine months of 2022, a decrease of 27.8% and 19.3%, year-on-year (YoY), respectively. No new listings of inline warrants (IWs), which allow investors to generate returns during range-bound market, has been recorded since June 2021. The number of IWs with positive outstanding amount on the bourse has dropped to 17 from 19 compared with the previous quarter - they w