HKEX(HK:00388) Zhi Tong Cai Jing·2026-01-27 03:22Core Viewpoint - Innovation and geopolitical factors are reshaping capital markets, with Hong Kong positioned as a globally connected hub [1] Group 1: Market Confidence and Policy Measures - Timely policy measures have enhanced market confidence in a changing environment [1] - The People's Bank of China and the Hong Kong Monetary Authority have expanded the RMB business funding arrangement to 200 billion RMB, laying the foundation for the next phase of connectivity development [1] - Confidence is reflected in economic, capital markets, and business activities, translating into tangible results [1] Group 2: Competition and Product Offerings - The Hong Kong Stock Exchange (HKEX) faces competition not only from traditional exchanges but also from emerging virtual platforms, necessitating deep and broad professional capabilities [1] - Investors are increasing their exposure to the Chinese market, prompting Hong Kong to offer product options beyond stocks [1] Group 3: Future Development of HKEX - The future development of HKEX relies on stablecoins, tokenization, and 24-hour trading [1] - HKEX will continue to invest in technology and is promoting infrastructure reforms, including shortening the new stock settlement cycle [1]