At the annual general meeting, a shareholder inquired whether HKEX (00388) would consider ventures similar to Polymarket. CEO Chen Yiting responded that while the exchange is monitoring developments in that controversial field, its primary identity remains that of a securities exchange. She emphasized that securities business is the core focus of the group, which aims to diversify where possible but will continue to concentrate on developing the securities market.
Chen noted that Hong Kong's stock market has traditionally drawn the most attention. However, amid recent international volatility, global investors have begun showing interest in other securities products in Hong Kong and mainland China, such as fixed-income bonds and commodities. HKEX intends to focus its efforts on the securities business first; prediction market products are not currently a priority.
When asked about reinstating a scrip dividend option, Chen explained that the group previously offered both cash and stock dividends but now only provides cash. This decision was made after considering shareholder feedback and operational factors. She stated that the move was carefully evaluated and that HKEX will continue to review suggestions, making adjustments if deemed necessary.
HKEX Chairman Carlson Tong highlighted that the past year marked significant milestones for the exchange. Besides reclaiming the top spot in global IPO fundraising, the group achieved several strategic breakthroughs. Tong attributed these successes not only to favorable market conditions but also to Hong Kong's growing appeal as an international financial hub, reinforcing its role as a "super connector" between mainland China and the world.
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