finance.foundation / Markets / XNAS vs XHKG
Venue comparison · seed-0.6 · 2026-08-29
Nasdaq Stock Market (XNAS) vs Hong Kong Exchanges and Clearing (XHKG)
Nasdaq Stock Market and Hong Kong Exchanges and Clearing compared by ISO 10383 identity, operator, trading session, settlement cycle and covered listings.
| Field | Nasdaq Stock Market | Hong Kong Exchanges and Clearing |
|---|---|---|
| Operating MIC | XNAS | XHKG |
| Segment MICs | 7 | 3 |
| Country | United States | Hong Kong SAR |
| Operator | Nasdaq, Inc. | HKEX |
| Operator LEI | 549300L8X1Q78ERXFD06 | 213800YTVSXYQN17BW16 |
| Trading currency | USD | HKD |
| Timezone | America/New_York | Asia/Hong_Kong |
| Session (local) | 09:30–16:00 | 09:30–16:00 |
| Lunch break | none | 12:00-13:00 |
| Settlement | T+1 | T+2 |
| Covered listings | 18 | 8 |
| Covered listed value ≈ | $21.8tn | $1.7tn |
| Benchmarks | Nasdaq Composite, Nasdaq-100 | Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index |
Nasdaq Stock Market
Home of most large-cap technology listings; fully electronic since 1971.
Hong Kong Exchanges and Clearing
Gateway listing venue between mainland China and global capital.
"Covered listings" counts companies in the Finance Foundation dataset, not the venue's full listing count — the comparison is of our covered set, stated plainly. seed-0.6 · 2026-08-29.