The Hong Kong and Kazakhstan bourses have signed a memorandum of understanding to enhance capital market connectivity by collaborating to broaden cross-border and dual listing opportunities for equities and debt securities.
They will also establish regular communication channels for market development and to evaluate further business opportunities, the Hong Kong Exchanges and Clearing (HKEX) says in a statement on June 2.
The bourse has also signed a separate pact with the Astana International Financial Centre Authority — a Kazakhstan government body responsible for developing the centre into a global investment hub — to cooperate on climate transition, decarbonisation, and green finance. This includes developing, financing, and implementing sustainable aviation projects, as well as collaborating in commodities markets.
According to Bonnie Chan, chief executive officer of HKEX, the two pacts will help unlock new opportunities for global issuers and investors alike as Central Asia’s importance in global commodities and sustainable development continues to grow.
