Reported 5 days ago
Ten years after the launch of the Hong Kong Stock Connect, which opened Chinese markets to international investors, calls for deeper access to initial public offerings (IPOs) have intensified. While the program has been highly successful in facilitating cross-border trading, it has yet to allow investors to participate in IPOs. HKEX's leadership acknowledges this aspiration but emphasizes the need for better market conditions and infrastructure before any expansion can occur. Celebrations of the Stock Connect's anniversary highlight its significant impact on trading volumes, yet concerns about liquidity and the need for more product offerings remain.
Source: YAHOO