Hong Kong Exchanges and Clearing Limited (HKEx) Chairman Ronald Arculli (right) welcomes David Sokol (left), the chairman of US-based MidAmerican Energy Holdings Company, a Berkshire Hathaway Inc subsidiary, to the Stock Exchange’s Viewing Gallery before briefing Mr Sokol on HKEx and its markets, and the plans for the markets’ future development.

“We shared views on the global economy, financial market development and investment opportunities in this region, particularly China ,” Mr Arculli said.

“Hong Kong is a springboard for international investment in China.  Through our stock market, investors can buy shares in a wide range of Mainland enterprises, and it is noteworthy that MidAmerican has just announced such an investment.”

“We are delighted to be participating in the dynamic China market and we welcome the opportunities presented by Hong Kong.  We have just announced our investment in BYD Company (stock code: 1211), a Mainland China technology company listed on HKEx’s Stock Exchange.  The investment not only marks what we hope is the beginning of a long term strategic relationship between MidAmerican and the company but also represents the first strategic investment in China on the part of both MidAmerican and Berkshire Hathaway,” said David Sokol, Chairman of MidAmerican.