Hong Kong’s bourse operator has expanded its collaboration with two exchanges in the United Arab Emirates (UAE) to pave the way for its companies to list here, as a government advisory body said it plans to examine Islamic finance to align the city’s financial infrastructure with the needs of the Middle East.
Hong Kong Exchanges and Clearing (HKEX) has added the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) as recognised stock exchanges, allowing companies listed on them to apply for a secondary listing in Hong Kong, it said in a statement on Friday.
Source: TRADE FINANCE
