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Fortune

Angelica Ang

HKEX CEO: Stock exchanges must band together to stay relevant

HKeX Bonnie Chan United States Labubu

(Credit: Stuart Isett for Fortune)

Investors have so many options today—such as private markets, cryptocurrencies, and other financial instruments—that more traditional stocks may look a little old-fashioned.

“If you dial the clock back [to] two decades ago, if you had money and wanted to invest, you would call up your brokers and talk about what stocks there are available,” Bonnie Chan, CEO of Hong Kong Exchanges and Clearing (HKEX), said Monday at the Fortune Global Forum in Riyadh.

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