Middle Eastern companies express interest in Hong Kong listings, HKEX chairman says

Quick Summary:

Carlson Tong Ka-shing says Saudi Arabia and Hong Kong have established trust and friendship’.

After many meetings with HKEX and Hong Kong government officials over the past two years, in addition to the cross-listing of exchange-traded funds (ETFs) in both markets, Tong said the two sides have established “trust and friendship”.

Under its Saudi Vision 2030 plan, Saudi Arabia is modernising and diversifying its economy to reduce its reliance on oil, which has led to the launching of many infrastructure projects in the kingdom.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets: Hong KongSaudi Arabia

Topics: Officials Projects Senior Tong Arabia Kong Companies Hong Funds Saudi Economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 08:30:11 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 229 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 46 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 23643313

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