
Check out HKEx's business strategies for the next 3 years
It'll focus on 4 asset classes.
According to a release, Hong Kong Exchange's strategic plan for 2013-2015 builds upon the growth-oriented strategy of the past three years and aims to take the Group into a new phase of transformational development in the next three years.
Here's what HKEx has to say:
Our plan has two key components: business strategy, and platform and infrastructure strategy. In terms of business strategy, we will seek to build out a horizontally integrated business across the following asset classes:
• Cash Equity: Continue to grow this core business line by seeking additional China and international listings and by expanding access products such as ETFs particularly in RMB; continue our efforts to achieve a breakthrough in mutual market access via partnership with Mainland counterparties;
• Equity Derivatives: Build on our existing business by offering new products and providing new services by ourselves or in partnership with others;
• Fixed Income and Currency (FIC): This is largely new and will be mainly driven by RMB internationalisation and global regulatory changes; and
• Commodities: Leverage the acquisition of the LME to build an extensive commodities platform.
Within each asset class, we also seek to achieve vertical integration from products through trading to clearing.
In terms of platform and infrastructure strategy we will seek to consolidate and further modernise our currently diverse trading and clearing platforms, and to build greater connectivity with local, Mainland and international market communities.