HONG KONG, May 7 (SMM) – The Hong Kong Exchange (HKEX) will aim to establish itself as a “strong China anchor that is well connected to global infrastructure”, said chief executive of the HKEX, Charles Li.
Li shared the HKEX’s strategic vision for 2019-2021 at the LME Asia Week in Hong Kong on Tuesday May 7 in a keynote address, and discussed the exchange’s commitment to be the gateway between China and the world.
He summarized the strategy for commodities trading as “Buy, Build, Connect”, which began with the purchase of the LME in 2012.
“Building on the LME’s capabilities, we tried to collaborate with China to replicate the success of the LME. The last step will be connecting the dots across the different trading platforms.”
In a second keynote address at the same event, LME chief executive Matthew Chamberlain also re-affirmed the LME’s commitment to its strategic pathway, the HKEX vision and responsible industry stewardship.