Li Xiaojia: Hong Kong stocks should broaden their coverage and reduce the impact of cyclical factors.

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2023.12.04 01:25
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Charles Li, former CEO of HKEX, stated that the Hong Kong stock market is facing structural and cyclical issues. He suggested expanding the coverage to achieve diversification and balance in the Hong Kong economy and stock market. He also supported the government's efforts to attract foreign investment and introduce arrangements such as Middle East ETFs. In addition, Li emphasized that his investment platform, Drip Irrigation Investment, is not a loan but an investment in small and micro enterprises, without involving equity. Operational data such as cash flow and investment returns for each investment contract will be disclosed early next year.