Hong Kong, Saudi market regulators build strategic ties to spur listings, training

Quick Summary:

Both regulators could implement staff secondment for training purposes, SFC’s Leung says.

Two ETFs linked to sharia-compliant stocks in Hong Kong were listed on the Saudi Stock Exchange (Tadawul) this week to underpin the ties.

The move was prompted by strained political and trade ties with the US over issues ranging from human rights to forced labour.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets: Hong KongCubaMaliSaudi Arabia

Topics: Market Regulators Riyadh Connections Stocks Leung Hong Financial Saudi Cross-border Kong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 20:07:59 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 252 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23348646

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