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Next for Hong Kong’s exchange: ‘more products on our shelf’, HKEX boss pledges

After reporting record profit, CEO aims to establish a multiple-asset ecosystem and extend trading hours, starting with derivatives

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A flag showing the logo of Hong Kong Exchanges and Clearing flies outside Exchange Square in Central, where the company has its headquarters, on July 21. Photo: Jelly Tse
Enoch Yiu

Hong Kong’s bourse operator will focus on diversifying into multiple asset classes and extending its trading hours to serve international investors, in support of the city’s five-year-plan goal to strengthen its role as an international financial centre, according to its CEO.

Hong Kong Exchanges and Clearing (HKEX) in the coming years would introduce a wide range of products and platforms in fixed income, currencies and commodities, establishing a multiple-asset ecosystem, said Bonnie Chan Yiting in a post-results briefing on Wednesday.

Chan, whose contract was renewed until February 2030 on Tuesday, said her goals were to launch this ecosystem and to make sure the exchange’s trading hours could meet investor demand.

“Hong Kong traditionally has been known to be a very strong market on the equity side,” she said. “However, because of the renewed interest of international investors to come and participate in our market, we need to put more products on our shelf.”

By the end of her renewed term, Chan said she hoped the questions asked during briefings would be about more diverse topics than the initial public offering (IPO) pipeline.

“It will not be simply IPOs; it will be spanning across a more exciting and broader spectrum of products,” she said. “This is what HKEX could contribute to the first five-year plan of Hong Kong, which is in line with the country’s 15th five-year plan.”
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