Stronger connections with China’s vast army of retail investors will help Hong Kong’s stock exchange lure more international companies to list despite flaring tensions between Beijing and the west, its chief executive has said.
Nicolas Aguzin told the Financial Times that Hong Kong was working to rebuild its connections after three years of Covid-induced isolation but that the lure of tapping mainland Chinese money would remain a big draw for the exchange.
“Chinese retail is the biggest investor group of its kind — there’s nothing comparable to it,” the boss of Hong Kong Exchanges & Clearing said. “Essentially, we’re offering companies an investor base uncorrelated with other markets.”
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