Investor Presentaiton

25 Hong Kong's rising regulatory bar has not impeded capital market growth Market capitalization, HK$ trillion No. of listed companies, '000 Market capitalization (LHS) No. of listed companies (RHS) 20 15 10 5 הו dul 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 *Chart taken from Bauhinia Foundation report, 2008. ACGA Presentation HKCCA, May 6, 2009 17 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0.0 Source: CEIC Data Company ACGA

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