The Zhitong Finance App learned that Chen Yiting, CEO of the Hong Kong Stock Exchange (00388.HK), said on a radio program that the Hong Kong Stock Exchange has been thinking about how to increase the amount of financing in the primary market and the daily turnover of the secondary market. She pointed out that one of the important issues in line with the country's “15th Five-Year Plan” is to consolidate and enhance Hong Kong's status as an international financial center. The Hong Kong Stock Exchange plays an important role in this, and it is incumbent upon it to make more contributions. Chen Yiting believes that global investors have refocused their sights on Asia, especially the Chinese market, and believes that they must invest in China. These investors want to diversify their asset allocation rather than just investing in stocks, so Hong Kong needs to build a diversified asset ecosystem covering stocks, fixed income, currencies, commodities, etc.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.