HKEX CEO Li Says IPO Pipeline Is Strong, But Likely Less Than 2018

The transcript discusses the current state and future outlook of Hong Kong's IPO market, highlighting the strong pipeline despite market uncertainties. It outlines the exchange's three-year plan to enhance global connectivity, particularly with China, and emphasizes the role of technology. The discussion also covers measures to boost Hong Kong's competitiveness by improving market structure and efficiency.

What is the outlook for the IPO market in Hong Kong according to the speaker?

• The market is only focused on traditional sectors.

• There is a strong pipeline despite market uncertainties.

• The market is declining with no future prospects.

• The market is stagnant with no new listings.

What are the key themes for the strategic plan over the next three years?

• Local market expansion and traditional sectors.

• Eliminating international connections.

• China, global integration, and technology.

• Reducing market size and focusing on local businesses.

What is the primary goal of connecting China with the global market?

• To isolate China from international markets.

• To enhance global exposure and integration.

• To focus solely on local Chinese businesses.

• To reduce international trade.

What is one of the measures mentioned to boost Hong Kong's competitiveness?

• Focusing only on local investors.

• Reducing the number of listed companies.

• Introducing new trading systems and market structure changes.

• Increasing market fees.

What is the focus for attracting capital in Hong Kong?

• Only attracting local capital.

• Attracting both global and Chinese capital.

• Focusing solely on European investors.

• Ignoring international capital.