Fintech can be catalyst to make Hong Kong a next-level financial hub: Broadridge CEO

Core Viewpoint - Embracing technology platforms in areas such as electronic proxy voting, private debt underwriting, and repo trading can enhance Hong Kong's position as Asia's leading financial hub [1] Group 1: Technology and Market Growth - Technologies that simplify investor engagement have driven growth in other markets, suggesting fintech can improve corporate governance and product innovation in Hong Kong [2] - The CEO of Broadridge Financial Solutions expressed excitement about investing in Hong Kong, highlighting its emergence as a key financial hub connecting mainland China and global markets [3] Group 2: Regulatory Developments - Recent measures by financial regulators in Hong Kong and mainland China aim to facilitate cross-boundary bond repo business and strengthen fixed income and currency markets, which have been anticipated by market participants [5] Group 3: Corporate Governance and Trust - There is a significant opportunity to enhance trust and transparency in corporate governance, which is increasingly important as companies seek capital markets for fundraising [6] - Strong corporate governance is identified as a key factor contributing to the success and confidence in US capital markets, with Broadridge's offerings processing shares for over 1,000 broker-dealers and covering about 80% of outstanding shares of US publicly listed companies in 2023 [7]