Exclusive | Hong Kong market’s connector role not just for mainland China, Citic boss says
The city’s advantages position it to attract top-tier companies from India, Southeast Asia, Australia, Japan and Singapore, Li Chunbo says
“Hong Kong should not just be the connector between mainland China and the world, but between the Asia-Pacific region and the world,” Li said in an exclusive interview. “The city is on track to establish itself as Asia’s financing hub, attracting listings from and raising capital for top-tier companies across India, Southeast Asia and developed markets like Japan and Singapore.”
Hong Kong’s deep fundraising pool, high degree of capital freedom and unique advantages under the “one country, two systems” principle provided a unique platform for connecting Chinese and Asian companies with global markets, he said.
His remarks come as mainland capital is flooding into the city amid US-China decoupling. Last year, external direct investment to Hong Kong from the mainland exceeded 1 trillion yuan (US$140 billion).