ExclusiveHKEX to offer more A-share derivatives and financial products to affirm Hong Kong’s role as China’s offshore capital hub, Aguzin says

Name: HKEX CEO Nicolas Aguzin on the future of Hong Kong’s capital market
Uploaded: 2022-06-20T00:00:21.000Z
Duration: 13 min 54 s
Description: HKEX CEO Nicolas Aguzin on the future of Hong Kong’s capital market

Nicolas Aguzin, chief executive of HKEX since late May, will encourage investment banks to issue structured products based on the MSCI A 50 index

That move and others will help the exchange further advance its “privileged position” connecting China to the rest of the world, Aguzin tells the Post

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13:54

HKEX CEO Nicolas Aguzin on the future of Hong Kong’s capital market

Enoch Yiu

Published: 8:00am, 20 Jun 2022Updated: 10:44am, 21 Jun 2022

Hong Kong Exchanges and Clearing, the bourse operator of Asia’s third-largest stock market, will facilitate the launch of more products based on a key A-shares index to strengthen its role as a connector between China and the world.

“One of the areas that we are focused on is building the marketplace of the future,” Nicolas Aguzin, chief executive of HKEX since late May, said in an interview with the South China Morning Post. “Today, Hong Kong is the largest listed structured-products market in the world.”

Aguzin would like to use that strength to encourage investment banks to issue structured products – such as derivative warrants – based on the MSCI A 50 index, which tracks the 50 largest Shanghai and Shenzhen stocks.

“I would think that would be an amazing push to our A-share ecosystem,” Aguzin said.

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HKEX CEO Nicolas Aguzin on the future of Hong Kong’s capital market

While the Hong Kong exchange has listed mainland companies since 1993, it only got its first A shares futures listing in October, allowing international investors to hedge their investments in shares listed in Shanghai or Shenzhen.