Hong Kong Exchanges and Clearing Limited (HKEX) has published a press release to inform that the People’s Government of Guangxi Zhuang Autonomous Region and HKEX have entered into a Memorandum of Understanding (MoU) aimed at strengthening cooperation and facilitating the listing process for Guangxi-based companies in Hong Kong. The MOU encompasses various initiatives primarily to support Guangxi-based organizations, including the joint hosting of seminars on relevant topics. These seminars will provide valuable insights into the capital markets of Hong Kong, fostering knowledge exchange and facilitating a deeper understanding of the local listing requirements and procedures.
Guangxi, well-known for its strong e-commerce sector, hosts over 100 cross-border enterprises specializing on e-commerce in Southeast Asia. This collaboration between HKEX and the Guangxi Zhuang government seeks to leverage these strengths, promoting Guangxi companies and facilitating their access to Hong Kong’s equity market.