Good morning, ladies and gentlemen. It is my pleasure to speak at the Asia Trader Forum for the first time as the Chairman of the Securities and Futures Commission (SFC). It is great for me to engage with the buy-side trader community in person.
There is a timeless maxim in our industry: Markets live by liquidity, and liquidity lives by traders. Today, I want to talk about how you, Hong Kong’s trading community, participate in our markets and make them breathe.
As the capital market regulator of the Hong Kong international financial centre, we understand it is of utmost importance to strengthen ties with market stakeholders, including all of you here today. As buy-side traders, you play a pivotal role in the smooth functioning of our capital markets. Your contribution is significant to the value creation process for both your firms and investors. This also lays a very solid foundation for Hong Kong’s success and sustainable development as a world-leading asset and wealth management centre.
Today, I want to cover four key areas to help build closer ties between the SFC and the trader community, and to align our objectives in order to foster a more vibrant Hong Kong market. First, I will outline the SFC’s vision and regulatory approach for your better understanding of our policy. Second, I will discuss the important role of traders and how it aligns with our vision to develop markets. Third, the opportunities and challenges in today’s markets. Finally, the SFC’s expectations on market participants including traders, in order to drive a better future.
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