Читать книгу Financial Cold War. A View of Sino-US Relations from the Financial Markets онлайн

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Initially, I worked as Chief of Staff to the CEO. Later I took over running Group Strategy for the organisation. Through my work on the formulation and execution of HKEX's strategy, I found myself at a fascinating intersection of global geopolitics and financial markets at what is arguably one of the most pivotal points in international relations in my generation. From this perch, I had the opportunity not only to interact with the top managements of the major global banks, corporate issuers and investors who are HKEX's customers, but also to work closely with regulators and policymakers in Hong Kong, Mainland China, and around the world. This opened my eyes to the broader geopolitical considerations surrounding financial markets policy and regulation.

In most parts of the financial services industry, the main challenges are to work out how to get something done and how to make money doing it. Due to their central position in the marketplace, exchanges and other market infrastructures that constitute the ‘plumbing' of the global capital markets overlap with regulation and policy to a much greater extent than other financial organisations. For regulators and policymakers, making money is only a secondary or even tertiary concern. What they care about are the rules of the game. Very subtle changes in these can have a huge bearing on a wide range of national interests.