Li Xiaojia, Chief Executive Officer of the Hong Kong Stock Exchange, published on January 6 that 2020 has arrived. Is Hong Kong okay?The blog, emphasizing that only the trust of mainland China can win, Hong Kong can win.
According to the report, Li Xiaoga said that for every Hong Kong person, no matter what kind of political spectrum belongs to, you must be soberly aware that only if you gain the trust of mainland China, Hong Kong may win.Only by allowing the world to recognize Hong Kong's unique international status can Hong Kong continue to help China succeed.
He pointed out that one country, two systems are the guarantee of success in Hong Kong.If Hong Kong people are not awake, they will abandon themselves and enter the end; if the mainland is not awake, it may be emotional and splashing children with bath water.
For China's and international financial markets, in the face of high uncertainty in the next ten years, the functions of Hong Kong as translators and converters will be particularly important and urgent.Hong Kong will still be an extremely important part of China's capital market opening and internationalization process.For the Hong Kong Stock Exchange, in the next ten years, we must continue to do four things: Sanlong (Stock Connect, Bonds, Commodity Connect) and Yijie (embrace technology and leapfrog development).
In terms of stocks, the spot link has been basically realized in the last decade. What we have to do in the future is upgrading, expansion, and replacement, from the expansion of the spot to the derivative product, the expansion of the secondary market to the level of the market, More securely inflow and outflow.
In terms of bonds, in the future, the two -way passing process is needed. First of all, the bonds of the exchange market are two -way, and the liquidity of the existing voucher markets in the two places is improved by launching repurchase, offshore liquidation, and margin financing lending.The opportunity to reshape the international bond market.
In terms of commodity communication, the original accumulation has been completed through overseas buying (LME) with the mainland built (QME) in the past ten years. What needs to work hard in the future is to copy the stock communication model to achieve commodity transactions and liquidation.The price of the commodity market and the international commodity market achieves the price of price, and accelerate the internationalization process of the exchanges of the shore.
One support is to embrace the scientific and technological revolution, expand new opportunities through science and technology, and explore the new world.
Regarding whether Hong Kong is okay in the next ten years, Li Xiaoga said that my answer is clear: Hong Kong is okay!OK!
