Charles Li Xiaojia

China's own policies made it a commodity price-taker

Growing pains

Charles Li Xiaojia is unhappy about conditions in global commodity markets. In his blog last week, the chief executive of Hong Kong Exchanges and Clearing bemoaned China's lack of influence on global commodity prices.

Tuesday, 2 July, 2013, 2:51am

HKEx chief 'not losing sleep' over slowing IPOs

Charles Li says global bourses are not IPO markets. Photo: Bloomberg

Hong Kong Exchanges and Clearing's expansion into new asset classes meant slowing initial public offerings were not a concern, said Charles Li Xiaojia, chief executive of the No 1 bourse operator by market value.

Listings and average daily trading volumes reflected market sentiment, which was why the company was entering new asset classes, Li said.

1 Mar 2013 - 5:17am

HKEx revamp comes with LME deal

Charles Li says the LME acquisition will allow the Hong Kong bourse to become a real integrated international exchange. Photo: May Tse

Hong Kong Exchanges and Clearing has unveiled a new management structure following its takeover of London Metal Exchange.

The exchange would also launch more yuan-denominated commodities products as it moved to take advantage of the internationalisation of the currency, chief executive Charles Li Xiaojia said.

8 Jan 2013 - 4:21am

Business Digest, December 4, 2012

UBS nears rate-fixing deals with US, Britain

HK$8.9m in bonus shares for HKEx chief

Hong Kong Exchanges and Clearing has awarded chief executive Charles Li Xiaojia shares worth HK$8.92 million as a long-term incentive. The HKEx board also approved HK$103.48 million for the purchase of shares to be awarded to other selected employees. Enoch Yiu


Greece to spend €10b on bond buy-back

4 Dec 2012 - 3:10am

Real work begins after gaining the LME

There have been doubters but Charles Li is not going to just sit there and do nothing. Photo: Bloomberg

Hong Kong Exchanges and Clearing's proposed takeover of London Metal Exchange could well be the quickest way for it to diversify but it is also the biggest gamble the local bourse has ever taken.

However, it was hardly a surprise to brokers, who link the move to HKEx chief executive and former investment banker Charles Li Xiaojia's penchant for deal making.

16 Nov 2012 - 2:47am

Growth hard to find as the deals dry up

Chief executive Charles Li has extended trading hours to boost profit which has been affected by a slump in trading. Photo: Bloomberg

Hong Kong Exchanges and Clearing (HKEx), the operator of the local stock and futures markets, has overseen strong growth in the past few years but has lost its shine amid a slump in turnover and listings.

9 Nov 2012 - 3:59am

HKEx chief Charles Li faces big challenges

HKEx chief executive Charles Li talks to the media. He faces a major task in guiding the bourse along its new course. Photo: Edward Wong

Hong Kong Exchanges and Clearing chief executive Charles Li Xiaojia has had his contract renewed for another three years but it is too early for him to crack open the champagne to celebrate.

2 Nov 2012 - 1:04pm