Listing applications have surged in Hong Kong, as the rising flow of investment funds in Asia’s third-largest stock market creates the perfect condition for Hong Kong Exchanges and Clearing Limited (HKEX), said its chief executive.
Hong Kong is back on global investments radar, after the announcement last month by the China Securities Regulatory Commission (CSRC) that would facilitate Hong Kong listings by leading Chinese companies. The regulator also announced the expansion of the Stock Connect cross-border investment scheme to enhance the city’s status as an international financial centre.
Source: REUTER
