HKEx chief 'not losing sleep' over slowing IPOs

Hong Kong Exchanges and Clearing's expansion into new asset classes meant slowing initial public offerings were not a concern, said Charles Li Xiaojia, chief executive of the No 1 bourse operator by market value.

Listings and average daily trading volumes reflected market sentiment, which was why the company was entering new asset classes, Li said.

HKEx bought the London Metal Exchange, which handles trading of 83 per cent of global base metals futures, for £1.39 billion (HK$16.31 billion) in December.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1163766/hkex-chief-not-losing-sleep-over-slowing-ipos