Financial News
Written by: Ou Jiajun
2020-08-19 19:01
Last update date: 2020-08-19 19:01At the performance meeting, Hong Kong Stock Exchange (0388) Chief Executive Li Xiaojia responded to US President Trump’s recent claim that the company is no longer a successful exchange, that he does not have a Twitter account and that he has to digest new news every day, and that he also pointed out that the current sanctions The measures are completely different from previous perceptions. If the sanctions lose their bottom line, "kill one thousand enemies, self-defeating 800" or "kill 800 enemies, self-defeating one thousand", it is difficult to imagine how to prepare.
Li Xiaojia said that the game between China and the United States has increased the volatility of the Hong Kong stock market, but it has not affected the market vitality and investor enthusiasm. He hopes that the situation in the second half of the year will continue. He also pointed out that the market has wisdom. In such a turbulent first half, The Hong Kong Stock Exchange is still delivering record results, which speaks for itself.
As for whether the Sino-US dispute will affect the attitude of international companies to list in Hong Kong, Li Xiaojia pointed out that it is inevitable for international companies to list in Hong Kong. If they need Chinese capital, they will either go to China or Hong Kong, nothing else. The way to go.
Alibaba (9988) has not yet been included in Southbound Stock Connect. Li Xiaojia described that "whatever needs to be done will be done." But this is not only a decision of the exchange, but will continue to promote communication with the regulatory authorities. He also said that huge and irreversible changes have taken place in the Hong Kong stock market. For example, the Hang Seng Index has compiled a new index for the New Economy Company, which is called the "Hong Kong Ban Na Index." The structure of the Hong Kong stock market has undergone great changes. He said that, driven by the Shanghai-Shenzhen-Hong Kong Stock Connect, Hong Kong stock trading has risen to another level, coupled with the return of China concept stocks, and the listing of new economy and biotech stocks, bringing more energy to Hong Kong stocks.
The Hong Kong Stock Exchange earned 5.23 billion yuan in the first half of the year, setting a new six-month high interim interest rate of 3.71 yuan
Li Xiaojia Hong Kong Stock Exchange
