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WorldPosted at: Feb 26 2025 12:51PM


Hong Kong to step up cooperation with ASEAN, ME markets

Hong Kong, Feb. 26 (UNI) The Hong Kong Special Administrative Region (HKSAR) will facilitate the financing of overseas enterprises and specific products as part of a broader effort to boost the securities and derivatives market, said Paul Chan, financial secretary of the HKSAR government, on Wednesday.
Delivering the 2025-26 budget at the HKSAR's Legislative Council, Chan said that the Association of Southeast Asian Nations (ASEAN) is an important economic region that continues to grow, and that a number of enterprises from ASEAN are seeking to apply for listing in Hong Kong, covering businesses in areas including biotechnology, integrated logistics, and mining.
The Hong Kong Exchanges and Clearing Limited (HKEX) will step up its promotion in ASEAN and the Middle East, and actively explore areas of cooperation with countries in the region, including the listing of exchange-traded funds, to enrich the investment product choices in mutual markets and promote two-way capital flows, he said.
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