With the financial crisis in 2008, regulatory changes around the world and the rise of China’s prominence, the financial market has entered into a new world order. During the luncheon, Charles will discuss how HKEx faces intensifying competition and an increasingly complex marketplace through its Strategic Plan 2010-2012. Specifically, he will share how the world’s largest listed bourse plans to help establish Hong Kong as Mainland’s offshore RMB liquidity centre and how it prepares itself for challenges from new market entrants, through enhancing its product offerings, market structure, IT platform, clearing services and risk management regime.
Charles Li became Chief Executive of Hong Kong Exchanges and Clearing (HKEx) on 16 January 2010 and has nearly 20 years of experience in the financial services sector, including in corporate and securities law practices, corporate finance and advisory services in Hong Kong, the Mainland and New York.
Before he joined HKEx, Charles was Chairman of JP Morgan Chase China and was responsible for all of its China businesses. He has also worked for Merrill Lynch and was president of Merrill Lynch China, responsible for its China investment banking operations. Before moving to Merrill Lynch in 1994, he practiced law in New York with Davis Polk & Wardwell and Brown & Wood.
He obtained a BA degree from Xiamen University of China in 1984, a MA degree from the University of Alabama in 1988 and a JD degree from Columbia University School of Law in New York in 1991. Charles worked as an offshore oil worker in the north China sea prior to college, and a newspaper editor-reporter for China Daily from 1984-1986.
