HKEX Signs Cooperation Agreement with Shanxi Government

Corporate

28 Jun 2024

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Friday) it has signed a Memorandum of Understanding (MOU) with the People's Government of Shanxi Province (Shanxi Government) to strengthen cooperation and support listings of companies from Shanxi on Hong Kong's equities market.

Under the MOU, HKEX and the Shanxi Government will exchange information on the latest developments in the capital markets of Hong Kong and Shanxi, as well as jointly host seminars for Shanxi-based firms on capital raising opportunities in the region.

The MOU was jointly signed by Christina Bao, HKEX Co-Head of Sales & Marketing; and Zhang Jiongwei, Shanxi Financial Administration Bureau Director, at a ceremony in HKEX Connect Hall.

Zhou Jiannan, HKEX Head of Mainland Business; and Wu Wei, Executive Vice Governor of Shanxi Province witnessed the signing.

Shanxi, a Chinese province well known for its abundance of natural resources, has in recent years been actively promoting green energy transition and developing emerging industries, such as renewable energy and high-end equipment manufacturing. As of the end of May, a total of 10 Shanxi-based companies were listed on HKEX, with total funds raised at over $25 billion.

HKEX Co-Head of Sales & Marketing Christina Bao (seated right), and Shanxi Financial Administration Bureau Director Zhang Jiongwei (seated left), signed an MOU at a ceremony witnessed by HKEX Head of Mainland Business Zhou Jiannan (first from right in the standing line), Executive Vice Governor of Shanxi Province Wu Wei (second from right in the standing line), witnessed the signing.

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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