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Published by: Asia Case Research Centre, The University of Hong Kong
Published in: 2005
Length: 17 pages
Data source: Field research

Abstract

Consensus holds that competition between stock exchanges and other types of market participants is beneficial: keeping the price of transaction, clearing and listing services offered low, and providing an incentive for product innovation and enhancement. As such, the 1986 unification of stock exchange trading in Hong Kong may seem like a paradoxical development. This case prompts an assessment of the benefits of having a single stock exchange in Hong Kong within the broader context of the changing competitive landscape for securities markets.
Industry:
Other setting(s):
2005

About

Abstract

Consensus holds that competition between stock exchanges and other types of market participants is beneficial: keeping the price of transaction, clearing and listing services offered low, and providing an incentive for product innovation and enhancement. As such, the 1986 unification of stock exchange trading in Hong Kong may seem like a paradoxical development. This case prompts an assessment of the benefits of having a single stock exchange in Hong Kong within the broader context of the changing competitive landscape for securities markets.

Settings

Industry:
Other setting(s):
2005

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