HKEX's first woman CEO says Hong Kong's exchange could name and shame listed companies that stick with single-gender boards [Fortune]
HONG KONG EX&CL UNSP/ADR (HKXCY)
NASDAQ:AMEX Investor Relations:
hkexgroup.com/investor-relations?sc_lang=en
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Source: Fortune
dropped for four straight years . But the head of the city's exchange believes that Hong Kong's relationship with China—often blamed for the slowdown—will be what returns it to growth. Chan blamed Hong Kong's decline in the last few years, at least in part, on a short term banking issue—tighter monetary policies—as capital markets tend to struggle in high interest rate environments. But Chan said Hong Kong's role as a super-connector between China and the outer world means there will be opportunities again in the long-run. “I won't be able to tell you whether they've touched bottom or not,” said Bonnie Chan, the new CEO of the Hong Kong Exchanges and Clearing (HKEX), at the Fortune Innovation Forum in Hong Kong on Wednesday. “[There are] a lot of challenges in front of us, but at the same time I see even more opportunities.” “The very basics of an exchange is connecting capital with opportunities, so whoever has the money with whoever needs the money,” Chan said, adding that Hon
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