综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Markets

HK wants more financial exchanges with mainland

By Sophie He (China Daily) Updated: 2015-06-19 08:00

Hong Kong Stock Exchange Chief Executive Charles Li Xiaojia hopes there could be more financial market connections between Hong Kong and the mainland based on the model of Shanghai-Hong Kong Stock Connect trading link.

Speaking after confirming he has extended his contract at HKEx for three more years, Li said similar arrangements could be made for the derivatives, commodity, fixed-income, international equity and currency markets between the two.

"We have shown this model can work. It is like we opened a Walmart between the two of us: Now we have a shelf for mainland investors to buy Hong Kong shares, and a shelf called Shanghai for international investors to buy," he told an analyst meeting in Hong Kong.

"Hopefully in months not years, we will also have a Shenzhen shelf, a derivative shelf, a commodity shelf, and international equity shelves, a fixed-income shelf and a currency shelf," he said.

"This is our dream, this is our inspiration, and our job is to make sure it happens."

Li said that HKEx is not telling the central government that "we need to be your exclusive link", or "you need to give us this as a benefit".

HKEx is trying to build more such "connects", he said, because HKEx truly understands the mainland market and its regulations, and is the only one that is able to realistically work with them.

He said he understood that many other stock exchanges around the world might want to work with the Chinese government on similar schemes such as Shanghai-Hong Kong Stock Connect, but he does not believe that could happen.

That is mainly because of the different time zones involved, and the fact the stock-connect program depends on both markets being open at roughly the same time, he said, adding it would be very difficult for London and New York stock exchanges, for instance, to try something similar.

"Tokyo, Singapore and Australia are in the same time zone as Beijing, and they could try to work on a similar program with the Chinese mainland, but I know how hard that would be so I wish them luck," he said.

Li also told the meeting he was happy the HKEx board had approved the renewal of his contract as chief executive for three more years till October 15, 2018.

Li's compensation package remains unchanged with an annual salary of HK$9 million ($1.2 million), and performance-related discretionary bonus and share awards to be recommended by HKEx's remuneration committee and approved by the board, according to a statement. As a full-time employee, Li is also entitled to other benefits in kind and to participate in HKEx's provident funds.

The statement said his compensation package took into consideration the level of responsibility, experience and ability required of a chief executive, and the remuneration offered to similar positions in the financial industry.

Hot Topics

Editor's Picks
...
厦门市| 庆安县| 佛教| 福州市| 剑川县| 荥经县| 苏尼特右旗| 泾川县| 周至县| 微山县| 安顺市| 高碑店市| 彩票| 嘉荫县| 巩义市| 凤庆县| 贞丰县| 巴楚县| 许昌市| 铁岭市| 峨边| 长岛县| 岗巴县| 鄂州市| 夏河县| 万年县| 宜宾市| 当雄县| 张家口市| 奉化市| 昌宁县| 宣武区| 兰坪| 宁强县| 长沙市| 安远县| 东方市| 墨玉县| 杭锦旗| 阿拉善盟| 许昌市|