The focus of exchange executives at the recent FIA conference was primarily on Asia, particularly China, Hong Kong Exchanges & Clearing CEO Charles Li writes. "Nearly all of our global peers plan to make China a key part of their future and nobody wanted to be left out in this 'rush to the East,' " Li writes. "It is yet another reminder that Hong Kong is not the only one seeking opportunities in China and Hong Kong is in a very unique position to capture the opportunities as China opens up."

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