Golden Finance News | hkex (00388) announced today (Wednesday) that it plans to open an office in Riyadh in 2025. The new office will strengthen hkex's presence in the Middle East, facilitate the connection between China and the Middle East Gulf region, and create new opportunities for global customers and issuers.
The new office is located in the economic center and main financial hub of Saudi Arabia, establishing connections with investors and companies in the region, providing services to clients, helping clients access the diverse financial product ecosystem in Hong Kong, and seizing the opportunities brought by the growth trends in Asia.
In addition, two ETFs tracking Hong Kong-listed stocks were listed on the Saudi Exchange this week, marking an important milestone in the connectivity of capital markets between Hong Kong and Saudi Arabia, following the listing of the first Saudi Arabia ETF in Hong Kong last November.