Charles Li Urges Hong Kong to Build IPO Link for Global Resource Giants in Stage 3.0
Updated
Updated · South China Morning Post · Jun 1
Charles Li Urges Hong Kong to Build IPO Link for Global Resource Giants in Stage 3.0
1 articles · Updated · South China Morning Post · Jun 1
Charles Li said Hong Kong should embrace a “bipolar” East-West role and create an IPO link to attract global resource companies to list in the city.
That structure would let Chinese buyers of oil, metals and other commodities become equity owners, reinforcing Hong Kong’s position as a bridge between Chinese capital and global issuers.
Li argued geopolitical shocks from the Middle East and Ukraine affect Hong Kong much like other markets, though more indirectly because the city is not primarily an oil or commodities trading hub.
The proposal extends Li’s long-running market-linking agenda after his 11 years as HKEX chief, when he drove Stock Connect and listing reforms for dual-class and pre-revenue biotech companies.
Can Hong Kong's bold 'bipolar' strategy succeed, or will it be crushed between competing global superpowers?
With its new supercomputing power, can Hong Kong truly become the world's next great AI hub?