The third-quarter profit of Hong Kong Exchanges & Clearing Ltd. rose 81% on higher trading turnover and a one-time gain from a property sale.

Net income soared to HK$2.33 billion ($301 million) in the 3 months to September 30, higher than HK$1.29 billion last year, the exchange said in a statement.

The shares pared losses after reporting its earnings and were down 0.6 percent at HK$210.80 at 1:12 p.m. local time.

The material has been provided by InstaForex Company – www.instaforex.com