Wednesday January 31 2018

News Source: Global Exchanges

Focus: Other

Type: General




On 31st January 2018, the Hong Kong Exchanges and Clearing Limited (HKEX) and NZX Limited (NZX) signed a Memorandum of Understanding (MOU) to further promote confidence and co-operation in Asia-Pacific markets.

Under the terms of the memorandum, the exchanges will seek to promote market development by considering opportunities in a range of areas, including foreign investment, derivatives, depository receipts, listed debt, dual listings and exchange traded funds.

HKEX and NZX will cooperate on green finance and sustainability initiatives, share relevant information as required, and provide secondment opportunities for staff to enhance the understanding of activities in each other’s market.

HKEX and NZX will continue to work together now that the memorandum is in place to consider and implement further details about the opportunities being explored.

Hong Kong and New Zealand have a history of co-operation and partnership due to mutual trade interests.  New Zealand was the first foreign country to secure a free trade agreement with Hong Kong. HKEX and NZX are pleased to be able to play a role in further strengthening this economic partnership though the memorandum.

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