Hong Kong Exchanges and Clearing Limited (HKEX) and the Xi'an Municipal People's Government (Xi'an Government) today (Wednesday) signed a Memorandum of Understanding (MOU) to strengthen cooperation, and in particular support Xi'an-based companies that are interested in seeking a listing in Hong Kong.
Under the MOU, HKEX and the Xi'an Government will exchange information on the latest developments in the capital markets of Hong Kong and Xi'an, as well as jointly host seminars for Xi'an-based organisations on capital raising opportunities in the region.
Xi'an, the capital of Shaanxi Province, is developing as a major research and development hub in Northwest China. Key industries in Xi'an include equipment manufacturing, healthcare, new energy, semiconductor as well as mining. Currently, there are nine Xi'an-based companies listed on HKEX.
About HKEX
Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code:388) and one of the world’s leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metal Exchange.
As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of the world, through its pioneering Connect schemes, increasingly diversified product ecosystem and its deep, liquid and international markets.
HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.
www.hkexgroup.com
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