He changed the Hong Kong stocks.

Editor’s note: This article is from the WeChat public account “Glondon” (ID: hkstocks), the author of the people.

If the “four mergers” in 1986 opened up the contemporary history of the Hong Kong Stock Exchange, then the “Li Yeguang’s Letter” in 1992 opened a chapter in the interconnection between the Hong Kong Stock Exchange and the mainland economy.

reformer Li Xiaojia

The four merges. On March 27, 1986, Hong Kong Securities was closed on the exchanges of the Exchange, the Far East Exchange, the Gold and Silver Stock Exchange and the Kowloon Stock Exchange. On April 2, the four exchanges of the Hong Kong Stock Exchange (joint exchange) Officially opened. Image source: Hong Kong Stock Exchange

However, the most intensive period of institutional reform and innovation since the establishment of the HKEx was after 2010.
  In the nearly 10 years since 2010, the HKEx has achieved 21 “milestone” innovations (only 14 between 1986 and 2009), such as “interconnecting” with A-shares and “different rights with the same shares”. Innovative listing rules.
  Today, the HKEx is developing into a global financial asset trading center that connects East and West.

Undoubtedly, these series of fundamental institutional changes are realized step by step under the leadership of the current CEO of the Hong Kong Stock Exchange, Mr. Li Xiaojia.


Time for Heroes

Li Xiaojia was born in the northeast and was born in Beijing in 1961. His parents went to the branch of Gansu and grew up in Gansu.

The first job of Li Xiaojia’s life is the oil drilling workers of CNOOC. In the 1970s, when I was in the same room as my “little partner” of the same age on the oil rig in the Bohai Sea, I did not know that the boy born in the south of Beijing had thought that he would go south to Hong Kong one day.

reformer Li Xiaojia