China's opening of bond market may spark 'massive demand' from foreigners, HKEx CEO says
Li said that while large investors are already able to access the mainland fixed income market though existing programs, the bond connect would be fundamentally different.The HKEx CEO said the "bond connect" would likely launch "pretty soon.
HK), told Reuters on Tuesday.In June, HKEX started a consultation on the launch of a third board that could allow companies to list with dual-class share structures and would target companies in sectors such as the internet and bio-tech.
allows them to walk on two legs globally at different clocks of trading,” Li said.Alibaba was unable to list in Hong Kong under current rules, so the e-commerce firm took its $25 billion IPO to New York instead.
The plan to shave fees comes amid the Hong Kong exchange’s efforts to leverage its $2.The Hong Kong exchange has partially succeeded in improving profits at the LME by raising fees and boosting electronic trading, while arbitrage activity between the LME and the Shanghai Futures Exchange has soared this year.