Hong Kong Exchanges And Clearing Ltd (HKEX) Indicators MoU With The Folks’s Authorities Of Heilongjiang Province In China

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Hong Kong Exchanges And Clearing Ltd (HKEX) Indicators MoU With The Folks’s Authorities Of Heilongjiang Province In China


Hong Kong Exchanges and Clearing Restricted (HKEX) is happy to announce it has signed a Memorandum of Understanding (MOU) with the Folks’s Authorities of Heilongjiang Province (Heilongjiang Authorities) to “strengthen cooperation and to assist listings of Heilongjiang firms on Hong Kong’s equities market.”

Below the MOU, HKEX and the Heilongjiang Authorities will “alternate info on the most recent developments within the capital markets of Hong Kong and Heilongjiang, in addition to collectively host seminars for Heilongjiang-based organisations on capital elevating alternatives within the area.”

Heilongjiang, positioned in Northeastern China, is “identified for its deal with industries reminiscent of agriculture and meals expertise.”

There are at current 9 Heilongjiang-based firms listed on HKEX.

Hong Kong Exchanges and Clearing Restricted (HKEX) and the Qingdao Municipal Folks’s Authorities additionally signed a Memorandum of Understanding (MOU) to strengthen cooperation, and specifically “assist Qingdao-based firms which can be interested by looking for a list in Hong Kong.”

Below the MOU, HKEX and the Qingdao Municipal Authorities will “collectively host seminars on related matters for Qingdao-based organisations and enterprises, in addition to exchanging concepts on the most recent developments within the capital markets of Hong Kong and Qingdao.”

The MOU was signed by Christina Bao, Co-Head of Gross sales and Advertising and marketing of HKEX; and Wang Jinyu, Director of Qingdao Native Monetary Supervision and Administration Bureau.

Lately, Qingdao-a coastal metropolis in China’s Shandong province-has “emerged as a hub for revolutionary companies, with a deal with industries reminiscent of good metropolis building, synthetic intelligence, new vitality and healthcare.”

As lined, Hong Kong Exchanges and Clearing Restricted (HKEX) is a publicly-traded firm (HKEX Inventory Code:388) and “one of many world’s main international alternate teams, providing a variety of fairness, spinoff, commodity, fastened earnings and different monetary markets, services, together with the London Steel Alternate.”

As a superconnector and gateway “between East and West, HKEX facilitates the two-way move of capital, concepts and dialogue between China and the remainder of the world, by means of its pioneering Join schemes, more and more diversified product ecosystem and its deep, liquid and worldwide markets.”

HKEX is a purpose-led group which, “throughout its enterprise and thru the work of HKEX Basis, seeks to attach, promote and progress its markets and the communities it helps for the prosperity of all.”

For extra particulars, verify right here.