【Caixin Summit】VisionGain: Institutional Investors Drive Development in Capital Markets

(Beijing) – Diversification in China's capital markets depends on the growing presence of domestic institutional investors, said Ye Xiang, managing director of the consultancy VisionGain Capital Ltd.

Speaking at the Caixin Summit on November 12, Ye said the Hong Kong stock market took a heavier blow during the financial crisis than markets in the U.S. where the turmoil originated, despite the relatively strong performance of listed companies.