![The history of the securities exchange began formally in the late 19th century with the first establishment in 1891, though informal securities exchanges have been known to take place since 1861[2]. The exchange has predominantly been the main exchange for Hong Kong despite co-existing with other exchanges at different point in time. After a series of complex mergers and acquisitions, HKSE remains to be the core. From 1947 to 1969 the exchange monopolized the market.](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiT2XLadd1VmaeY6zkdKaqCDeUmoD8F2F6THIwzfOcj6bLjOqG7HimtFFGBlEImElxfMBKhwgpgQ_l2IMhQcnrBoLJ3gyp7udO2HIWkL2dWsk39RcddVR1Fu7DawFlsEvpLzfX_l338SwU/s1600-h/HKSE.png)
A type of road
- A broad landscaped thoroughfare; especially : one from which trucks and other heavy vehicles are excluded.
- A roadway in a park : a landscaped thoroughfare connecting parks.
- An expressway located on a strip of land legally constituting a public park and therefore not open to heavy vehicles.
A landscaped strip of land between a thoroughfare and its sidewalk or running in the center of a thoroughfare.
Since the late 20th century, many places have added buses, taxis, and limousines to the list of vehicles authorized to use parkways in order to promote the use of public transportation. These exceptions to the commercial or heavy traffic rule tended to blur the distinction between parkways and freeways.
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