Skip to Navigation

Amitava Chattopadhyay


Amitava Chattopadhyay
Emerging Market Multinationals - Amitava Chattopadhyay


Three cheers for Hong Kong Exchanges and Clearing Limited!

Alibaba has decided to not list on Hong Kong Exchanges and Clearing Limited because the latter was not willing to bend its rules to pander to the demands of Alibaba, even though it would have been an iconic and valuable client to acquire. I congratulate Hong Kong Exchanges and Clearing Limited for its ethical and honorable stand.

There is now speculation that Alibaba will try to list on the Nasdaq or the NYSE. With a listing that could see a valuation of US$70 bn, it is a hugely attractive potential catch for any stock exchange. The media is rife with speculation about the potential competition between the two New York exchanges, should Alibaba decide to list in New York. I hope that the New York exchanges stand for ethics as strongly as Hong Kong Exchanges and Clearing Limited. In a world where money has become god there is a strong need to a return to basic values.

  Sep 27, 2013 | Musings




THEMES

 
 
 


SHARE

 


Recent Tweets



Sun, 08 Jul @ 08:06 am

Long gone "empire" still in UK citizens' mind has led to this ruinous situation. "Brexit: May won't rule out specia… https://t.co/7vaeeU6aWa

via Hootsuite Inc.
Tue, 03 Jul @ 12:47 pm

So close to us! Mountain gorillas. "Bwindi National Park, Uganda" https://t.co/JT61n2304N

via Hootsuite Inc.
Fri, 29 Jun @ 01:13 pm

@Starhub sucks. Canceled my landline by mistake and don't have the courtesy to rectify it promptly. The agent was i… https://t.co/qmdr7eji4d

via Hootsuite Inc.
Wed, 27 Jun @ 09:57 am

How cool is this. The young stepping up and taking charge of their future! Way to go. Best of luck for November. "A… https://t.co/DI4jHJjt7t

via Hootsuite
Wed, 20 Jun @ 04:51 am

Wow! GE was perhaps the last surviving member of the founding 30 on the Dow Jones Index. "General Electric drops ou… https://t.co/yJXByxH4X5

via Hootsuite
Mon, 18 Jun @ 01:16 am

Feudal mentality of #GoI runs deep. One more example. "Centre accused of ‘illegally’ denying details on RTI Act" https://t.co/AOlH4GSQNw

via Hootsuite

  Close About Papers Cases Books Teaching Musings Media Gallery Ask Amitava