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HKEx's Mainland Market Data Unit Commences Operations

Corporate
11 Dec 2012

Ganghui Financial Information Services (Shanghai) Limited, an indirect wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx) Group, has officially commenced operations in Shanghai. To mark this important milestone, an unveiling ceremony for the company nameplate and a market data conference were held on Friday, 7 December 2012.  Over 80 guests participated in the event, including senior officials from the State Council’s Information Office, the Shanghai Municipal Government Financial Service Office, the Shanghai Pudong New Area Financial Services Bureau, the Shanghai Stock Exchange, the Shanghai Futures Exchange, the China Financial Futures Exchange, and major information vendors from the Mainland and Hong Kong.

The market data conference covered HKEx's key market data initiatives and included business updates, information about the Orion Market Data Platform, panel discussions on innovative market data products and challenges and opportunities in developing market data businesses on the Mainland.   The conference was well attended and provided premier educational and networking opportunities to stakeholders of the market data industry.

Ganghui expects to launch a market data hub in Shanghai in the third quarter of 2013.  The data hub will facilitate direct access to HKEx’s real-time market data by Mainland information vendors.

"The market data hub in Shanghai represents the first and a significant technical infrastructure footprint of HKEx in the Mainland.  It will strengthen our Mainland connectivity and enable Mainland investors to access HKEx’s market data through a reliable, scalable and more cost-effective infrastructure," said Bryan Chan, HKEx's Head of Market Data and a Director of Ganghui.

WFOE_s

Bryan Chan, HKEx's Head of Market Data and a Director of Ganghui Financial Information Services (Shanghai) Limited (second from left) is joined by Lu Guangjin, Director General of the State Council’s Information Office (second from right),  Fang Xinghai, Director General of the Shanghai Municipal Government Financial Services Office (right), and HKEx Mainland Development Vice President Stephen Ye (left), who is General Manager of Ganghui, as he displays Ganghui's nameplate to officially mark the commencement of the company’s operations.


Ends

Updated 11 Dec 2012