Issue on sale
Asian exchanges resist shake-up
John Fildes, managing director of Instinet, Pacific
The global financial crisis has highlighted weaknesses in equity market structures. The markets must reform if they are to attract long-term institutional liquidity. Writer Michelle Price
Drowning under the mainland wave
Ben Hung, Standard Chartered
Moves to make the renminbi freely convertible, combined with the growth of rival financial centres on the Chinese mainland such as Shanghai, are chipping away at Hong Kong’s importance to international investors. Karina Robinson reports.
