Trading

HKEx chief: Time for investors to stop knocking China market

The approval of the renminbi as a reserve currency means investors should try to understand the country's A Share market and not just criticise it, says Charles Li

Charles Li
Charles Li Photo: Getty Images

The head of the Hong Kong Stock Exchange has called for western investors to stop criticising and start educating themselves on the idiosyncrasies of China’s A Share market.

Speaking at the Asia Securities Industry and Financial Markets Association conference in Hong Kong on December 2, Charles Li, chief executive of Hong Kong Stock Exchanges & Clearing, said: "With yesterday's official approval of the inclusion of renminbi into [The International Monetary Fund's Special Drawing Rights basket], it's really the beginning of a very transformative change that we're witnessing, so it's really high time for us to really have a better understanding of the A Share market."

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