HKEX to Open Office in Riyadh to Expand Middle East Presence

Hong Kong Exchanges and Clearing Limited (HKEX) has announced plans to open an office in Riyadh in 2025 to enhance its presence in the Middle East and promote connectivity between China and the Gulf region. The new office aims to connect with local investors and companies, offering support to access Hong Kong’s diverse financial products. CEO Bonnie Y Chan highlighted the strategic importance of this move in strengthening investment ties between the Middle East and Asia. HKEX’s ongoing initiatives in the region include partnerships with local exchanges and the recent listing of two ETFs tracking Hong Kong equities on the Saudi Exchange, further advancing capital market collaboration.

Resources: https://www.hkex.com.hk/News/News-Release/2024/241030news?sc_lang=en