History
The history of the securities exchange began formally in the late 19th century with the first establishment in 1891, though informal securities exchanges are known to have been in existence since 1861. The exchange has predominantly been the main exchange for Hong Kong despite co-existing with other exchanges at different points in time. After a series of complex mergers and acquisitions, in the twenty first century, HKSE remains the core. From 1947 to 1969 the exchange monopolised the Hong Kong market.
Read more about this topic: Hong Kong Stock Exchange
Famous quotes containing the word history:
“All history attests that man has subjected woman to his will, used her as a means to promote his selfish gratification, to minister to his sensual pleasures, to be instrumental in promoting his comfort; but never has he desired to elevate her to that rank she was created to fill. He has done all he could to debase and enslave her mind; and now he looks triumphantly on the ruin he has wrought, and say, the being he has thus deeply injured is his inferior.”
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“I am not a literary man.... I am a man of science, and I am interested in that branch of Anthropology which deals with the history of human speech.”
—J.A.H. (James Augustus Henry)