HKEX IPO Pipeline Is at Record Levels, CEO Aguzin Says

Nicholas Agazine, CEO of the Hong Kong Exchange, discusses his role and the challenges faced due to regulatory changes affecting big tech companies globally. He highlights the impact on the Hang Seng Index and the IPO pipeline, noting a strong interest in Hong Kong despite market volatility. Agazine also outlines future plans to increase data revenue and the ongoing consultations to establish a robust framework for investors.

Who is Nicholas Agazine?

• Head of the European Central Bank

• Former CEO of Alibaba

• Chairman of the Federal Reserve

• CEO of the Hong Kong Exchange

What is a significant concern for international investors regarding the Hang Seng index?

• The rise of new tech companies

• The impact of regulatory scrutiny on major companies

• The introduction of new trading platforms

• The decline in traditional industries

What percentage of the companies that listed in the first six months were tech companies?

• 46%

• 92%

• 75%

• 58%

How has the IPO pipeline in Hong Kong been described?

• Significant and healthy

• Overwhelmed and chaotic

• Stable and unchanging

• Weak and declining

What is the current trend regarding international investors in the Hong Kong market?

• Increasing participation

• Stable participation

• Decreasing participation

• Complete withdrawal

What is a challenge for increasing data revenue at the Hong Kong Exchange?

• Lack of data

• Limited investor interest

• High competition from other exchanges

• China's strict data regulations

What is the focus of the ongoing conversations between securities regulators and the Hong Kong Exchange?

• Expanding into new markets

• Creating a high-quality investment instrument

• Reducing trading fees

• Developing a new trading algorithm