HKEx Unveils New Strategic Plan

Hong Kong Exchanges & Clearing has detailed its new strategic plan.

Hong Kong Exchanges & Clearing (HKEx) has detailed its new strategic plan, Financial Times reports. The firm has revealed plans to compete with local rivals, deal with competition from other global exchanges and endure future financial shocks.

The exchange has matched the opening time of its market to that of mainland Chinese markets and also plans to align the opening of the afternoon session in March 2012. It also intends to expand opening hours of its futures market to attract more business from Europe.

Click here for the story from Financial Times.