HKEX CEO Not ‘Terribly Surprised’ by Moody’s Hong Kong Downgrade

The video discusses the challenges and resilience of the Hong Kong market, including the impact of Moody's rating and the China virus on investor sentiment. It highlights Hong Kong's strong IPO performance and future market position. The failed bid for the London Stock Exchange is addressed, along with the strategy to connect China with global markets. The video also covers technology issues and market resilience, and the potential for extending Connect to primary offerings, allowing Chinese investors to access global opportunities.

What factors have recently impacted investor sentiment in Hong Kong?

• Moody's rating and the China virus

• Rising oil prices and inflation

• Interest rate hikes and currency devaluation

• Brexit and US-China trade war

How has the Hong Kong market demonstrated resilience?

• By maintaining low trading volumes

• By quickly recovering from downturns

• By increasing capital flight

• By reducing the number of IPOs

What is Hong Kong's position in global IPO rankings?

• Never in the top five

• Rarely in the top ten

• Consistently in the top three

• Always number one

What was the outcome of the bid for the London Stock Exchange?

• It is still under negotiation

• It was rejected

• It was postponed

• It was successful

What is the strategic focus of Hong Kong's market?

• Expanding into European markets

• Connecting China with the world

• Increasing domestic investments

• Reducing market volatility

What concerns have been raised about the Hong Kong exchange?

• Limited trading hours

• Lack of international partnerships

• High transaction fees

• Low liquidity and technology issues

What is the potential expansion for the Connect program?

• Including primary offerings

• Reducing transaction costs

• Expanding to European markets

• Increasing trading hours