HKEX to increase China and Asia relevance
28 February 2019 Hong Kong
Image: Shutterstock
Hong Kong Exchanges and Clearing (HKEX) is aiming to further increase its international relevance to China and Asia, according to HKEX’s Strategic Plan for 2019 to 2021.
HKEX aims to also increase Asia relevance to the global markets, serving as the venue of choice for investors and issuers in the Asian time zone.
To support this vision, HKEX intends to focus on three areas: China anchored, globally connected, and technology empowered.
The China-anchored area of focus aims to support international portfolio diversification by Mainland investors and facilitate further internationalisation of the domestic capital markets through secure, effective and transparent channels across asset classes.
Meanwhile, the ‘Globally Connected’ area aims to attract global liquidity to Hong Kong by providing broader and more effective access to the Asia Pacific underlying assets.
This will create a comprehensive and competitive one-stop shop for China and Asian exposures, HKEX revealed.
Meanwhile, the technology empowered area of focus aims to leverage technology to modernise HKEX’s core business and explore new frontiers through strategic partnerships with technology leaders.
HKEX also intends to make further investments in talent, capabilities and developing the right corporate culture, to help drive a more commercial, innovative, and customer-centric approach throughout the organisation.
According to HKEX, these strategic initiatives will help boost their international competitiveness and make Hong Kong even more relevant as a global financial centre.
HKEX aims to also increase Asia relevance to the global markets, serving as the venue of choice for investors and issuers in the Asian time zone.
To support this vision, HKEX intends to focus on three areas: China anchored, globally connected, and technology empowered.
The China-anchored area of focus aims to support international portfolio diversification by Mainland investors and facilitate further internationalisation of the domestic capital markets through secure, effective and transparent channels across asset classes.
Meanwhile, the ‘Globally Connected’ area aims to attract global liquidity to Hong Kong by providing broader and more effective access to the Asia Pacific underlying assets.
This will create a comprehensive and competitive one-stop shop for China and Asian exposures, HKEX revealed.
Meanwhile, the technology empowered area of focus aims to leverage technology to modernise HKEX’s core business and explore new frontiers through strategic partnerships with technology leaders.
HKEX also intends to make further investments in talent, capabilities and developing the right corporate culture, to help drive a more commercial, innovative, and customer-centric approach throughout the organisation.
According to HKEX, these strategic initiatives will help boost their international competitiveness and make Hong Kong even more relevant as a global financial centre.
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