SINGAPORE: Despite recent challenges stemming from geopolitical tensions, COVID-19 and soaring inflation, Hong Kong is well-positioned to connect investors between east and west, the head of Hong Kong’s stock exchange Nicolas Aguzin said on Tuesday .
International participation is a critical component for HKEX, and the bourse is confident that ongoing reforms will attract overseas tech firms, said Mr Aguzin.CHINA MARKET HUGE GROWTH POTENTIALin recent times between China and the United States, Mr Aguzin said that it is “not in anyone’s interest to have a decoupling between east and west”.“What we’re trying to do is to make sure that investors understand the merit of investing in this part of the world.
He said a significant number of financial institutions in the world already have a base or presence in Hong Kong - about 600 hedge funds and more than 200 private equity companies. He added that the bourse is setting its sights on attracting high-technology companies next, including pre-revenue firms that have been investing in research and development.
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