Hong Kong Exchanges and Clearing Restricted (HKEX) at this time signed a Memorandum of Understanding (MOU) with the Beijing Inventory Change (BSE). The MOU displays each exchanges’ dedication to constructing long-term cooperation in assist of cross listings; and sharing perception and experience to advertise the expansion of capital markets in each Hong Kong and Beijing.
As a part of the MOU, HKEX and BSE will assist certified listed firms in one another’s market in making their purposes for listings. The exchanges may even work collectively in numerous areas reminiscent of joint advertising programmes, joint analysis tasks, investor schooling and personnel exchanges.
HKEX Chief Govt Officer Nicolas Aguzin stated:
“We’re at this time delighted to be signing an MOU with BSE, paving the way in which for the long-term, enhanced cooperation between the 2 exchanges. The settlement displays HKEX’s ongoing dedication to connecting China and the world. Along with BSE, we sit up for supporting corporates and traders throughout the area, matching capital with concepts and driving in direction of shared, long-term sustainable success.”
BSE CEO Sui Qiang stated:
“Our assist for issuers to listing within the Beijing and Hong Kong markets underscores BSE’s dedication to deepening reforms and additional opening up its market, responding to the wants of the market. It is going to enable extra firms to leverage each markets as they construct their scale and internationalise their profile. The cooperation between BSE and HKEX will assist Beijing’s growth as a global science and innovation hub, and strengthen Hong Kong’s function as a global monetary centre, additional contributing to the expansion of China’s actual economic system and its technological growth.”
The MOU was signed in Beijing by HKEX Co-Chief Working Officer Bonnie Y Chan and BSE Deputy CEO Li Yongchun. Different senior HKEX and BSE executives, in addition to representatives of BSE’s issuers, additionally attended the signing ceremony.
