HKXCF (Hong Kong Exchanges and Clearing) Moat Score: 8/10 (As of Jul. 06, 2026)


HKXCF Hong Kong Exchanges and Clearing Ltd HKXCF
89 GF Score
Price $45.02
GF Value $64.88
Valuation Possible Value Trap
! 5 Warning Signs
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What is Hong Kong Exchanges and Clearing Moat Score?

Hong Kong Exchanges and Clearing HKXCF -4.85% 89 Moat Score is 8 as of Jul. 06, 2026. GuruFocus rates HKXCF with a GF Score™ of 89/100 and a GF Value™ of $64.88 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 839 Capital Markets companies, Hong Kong Exchanges and Clearing ranks better than 99.88% on this metric.

Hong Kong Exchanges and Clearing has the Moat Score of 8, which implies that the company might have Wide Moat - Clear and robust wide moat.

Hong Kong Exchanges and Clearing has Wide Moat: HKXCF has a dominant market position with significant regulatory barriers and exclusive licenses. It benefits from network effects and a strong distribution network, providing it with robust pricing power and a durable competitive advantage.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Hong Kong Exchanges and Clearing might have Wide Moat - Clear and robust wide moat.

Hong Kong Exchanges and Clearing  (OTCPK:HKXCF) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Hong Kong Exchanges and Clearing Moat Score Related Terms

HKXCF vs SPGI, CME, MCO: Moat Score Comparison

For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hong Kong Exchanges and Clearing Moat Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's Moat Score distribution charts can be found below:

* The bar in red indicates where Hong Kong Exchanges and Clearing's Moat Score falls into.


HKXCF
89GF Score
Hong Kong Exchanges and Clearing Ltd HKXCF
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 8 mean?
Hong Kong Exchanges and Clearing (HKXCF) has a Moat Score of 8 as of Jul. 06, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Hong Kong Exchanges and Clearing ranks #1 out of 839 companies in the Capital Markets industry, placing it in the top 0.099999999999994%.
Is Hong Kong Exchanges and Clearing's Moat Score too high?
Hong Kong Exchanges and Clearing's current Moat Score is 8. Based on the distribution chart, Hong Kong Exchanges and Clearing ranks #1 out of 839 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Kong Exchanges and Clearing has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Exchanges and Clearing's Moat Score compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Hong Kong Exchanges and Clearing ranks #1 out of 839 companies for Moat Score. This places Hong Kong Exchanges and Clearing in the top 0% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Capital Markets company?
A good Moat Score depends on the Capital Markets industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Hong Kong Exchanges and Clearing's current Moat Score is 8. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Exchanges and Clearing stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Exchanges and Clearing (HKXCF) is currently considered Possible Value Trap. The stock's GF Value™ is $64.88, compared to a current price of $45.02 — trading 30.6% below its estimated fair value. The current Moat Score is 8. Hong Kong Exchanges and Clearing's overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Hong Kong Exchanges and Clearing (HKXCF), the current Moat Score is 8 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hong Kong Exchanges and Clearing (HKXCF) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Exchanges and Clearing stock appears to be undervalued. The current stock price of $45.02 is trading 30.6% below its estimated GF Value™ of $64.88. GuruFocus considers Hong Kong Exchanges and Clearing to be Possible Value Trap.

Key valuation signals for HKXCF:

  • Moat Score: 8
  • GF Value™: $64.88 vs. price of $45.02 (30.6% below fair value)
  • GF Score™: 89/100 with 5 warning signs

No single metric tells the full story. See the HKXCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hong Kong Exchanges and Clearing Business Description

Address 8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
89GF Score

Get the complete analysis for HKXCF

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$45.02
Price
$64.88
GF Value