{"id":836013,"date":"2026-06-01T04:10:22","date_gmt":"2026-06-01T04:10:22","guid":{"rendered":"https:\/\/www.europesays.com\/us\/836013\/"},"modified":"2026-06-01T04:10:22","modified_gmt":"2026-06-01T04:10:22","slug":"open-questions-hong-kong-must-embrace-bipolar-role-to-thrive-in-stage-3-0-ex-hkex-boss-charles-li","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/836013\/","title":{"rendered":"Open Questions | Hong Kong must embrace \u2018bipolar\u2019 role to thrive in \u2018Stage 3.0\u2019: ex-HKEX boss Charles Li"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Charles Li Xiaojia, the longest-serving CEO of Hong Kong Exchanges and Clearing (HKEX), defined a decade of city finance by bridging the gap between Chinese and global capital.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">From his early days as an offshore oil worker in northeastern China to serving as chairman of JPMorgan Chase\u2019s China division, Li\u2019s career has resembled China\u2019s own economic opening.<\/p>\n<p>In his 11 years as HKEX CEO before stepping down in 2021, Li masterminded the landmark Stock Connect schemes, linking Hong Kong with Shanghai and Shenzhen. He also pushed through contentious reforms allowing dual-class shares and <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/presented\/business\/topics\/hkex-and-future-biotech\/article\/3148541\/three-years-listing-reforms-hong?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">pre-revenue biotech listings<\/a>, helping transform the city into a tech-fundraising hub.Now the co-founder of <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3145076\/former-hkex-boss-charles-lis-new-platform-aims-provide?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Micro Connect<\/a>, Li is focused on bringing institutional capital to China\u2019s small businesses.This interview first appeared in <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/plus\/business\/china-business\/article\/3355126\/charles-li-making-hong-kong-magnet-global-ipos?display=plus&amp;module=open_questions&amp;pgtype=archive?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">SCMP Plus<\/a>. For other interviews in the Open Questions series, click <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/news\/china\/series\/3256715\/open-questions?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">here<\/a>.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\"><strong data-qa=\"ContentSchemaRender-defaultRenderMapFunctions-Component\" class=\"css-1mniedq ex3nmsa17\">How are shifting geopolitical tensions and war in the Middle East affecting Hong Kong\u2019s capital markets?<\/strong><\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The impact of geopolitical tensions on Hong Kong is not fundamentally different from that on global markets. Obviously, hostilities in the Middle East or Ukraine have a slightly less direct and more remote impact here because we are not primarily an oil or commodity market.<\/p>\n","protected":false},"excerpt":{"rendered":"Charles Li Xiaojia, the longest-serving CEO of Hong Kong Exchanges and Clearing (HKEX), defined a decade of city&hellip;\n","protected":false},"author":3,"featured_media":836014,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[64,84998,342700,74,79,8464,271946,342701,16672,342702,3097,6043,1956,242647,273,67,132,68,167038],"class_list":["post-836013","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-chapter","tag-charles-li-xiaojia","tag-china","tag-economy","tag-hong-kong","tag-hong-kong-exchanges-and-clearing","tag-ipo-connect","tag-jpmorgan-chase","tag-micro-connect","tag-middle-east","tag-shanghai","tag-shenzhen","tag-stock-connect","tag-ukraine","tag-united-states","tag-unitedstates","tag-us","tag-yuan"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116672897166068263","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/836013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=836013"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/836013\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/836014"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=836013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=836013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=836013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}