Chief Executive CY Leung today continued his India trip with a visit to the Bombay Stock Exchange (BSE) in Mumbai, the oldest bourse in Asia.
After taking part in the bell ringing ceremony, Mr Leung gave a brief history of the Hong Kong Stock Exchange and noted that as an international finance centre, Hong Kong was well aware of the importance of stock exchanges to the economy.
"Hong Kong is very much an international financial centre, and so we place a great deal of importance on international collaboration with other exchanges in different parts of the world," Mr Leung said.
He added that in future, Hong Kong-owned or Hong Kong-managed businesses in India may need to raise equity at the exchange, which is why a Hong Kong delegation was in Mumbai to look for co-operation opportunities.
Before leaving Mumbai, Mr Leung spoke at a business luncheon hosted by the Hong Kong Trade Development Council.
He noted that Hong Kong was the global economy's undisputed super-connector, bringing together the rest of China and the rest of the world, including India.
He added that the city's super-connector role was underlined by the fact that many of the Hong Kong business delegates joining him in India are top executives of state-owned and other Mainland Chinese businesses based in Hong Kong.
The Chief Executive's next stop is New Delhi where he is scheduled to meet with Ministry of External Affairs, Ministry of Finance and Ministry of Commerce & Industry officials.
