What does Beijing’s tightening grip mean for the world’s most valuable stock exchange?
Illustration by Tyler Comrie
Last September, while protesters in Hong Kong were vandalizing mass transit stations and shattering windows to vent their anger over China’s encroachment on the former British colony, the leaders of Hong Kong Exchanges and Clearing Ltd. (HKEX) flew to London on a secret mission.
Laura Cha, chairwoman of the Hong Kong Stock Exchange. Credit: Remy Steinegger/World Economic Forum, Creative Commons
On a humid, overcast morning, Laura Cha and Charles Li, the chairwoman and chief executive of
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If Xi Jinping is becoming more preoccupied with internal politics, it could lead to a period of relative calm in China’s relations with the United States.
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