Has the growth of Hong Kong as a listing centre been driven by a booming China
Chow If foreign investors want to invest in the Chinese economy they find it difficult to do so in mainland China because the currency is still not freely convertible so they all flock to Hong Kong to invest in H shares or red chips. That's why close to 45% of the trading volume at the exchange is related to mainland Chinese companies. So we are functioning as a capital-formation centre for China.
There are 1,107 listed companies in Hong Kong. Over 540 are mainland-related. So roughly half of the listed companies...
