HKEX Expands to Middle East
Hong Kong Exchanges and Clearing’s (HKEX) new office in Riyadh, Saudi Arabia, will serve as a bridge between mainland China and the Middle East, according to Johnson Chui, Managing Director and Head of Global Issuer Services.
The new office, set to open this year, demonstrates HKEX's determination to develop its business in the region, Chui stated.
The new office shows bourse operator’s determination in developing business in region.
- The office will facilitate connections between financial markets in mainland China and the Middle East.
- The move comes as Dubai-based Softcare considers a Hong Kong initial public offering (IPO).
Author's summary: HKEX expands to Middle East with new Riyadh office.
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