HKEX Adds Indonesia Stock Exchange as Recognised Stock Exchange

The Stock Exchange of Hong Kong Limited (HKEX) has issued a statement to inform of the addition of the Indonesia Stock Exchange (IDX) as a Recognized Stock Exchange (RSE) by HKEX which opens up significant opportunities for companies listed on IDX’s main market. Specifically, the designation allows them to pursue a secondary listing in Hong Kong, broadening their access to global investors and enhancing their market visibility.
HKEX’s move to recognize IDX comes after a Memorandum of Understanding was signed between the two exchanges, confirming their mutual commitment to exploring collaboration, particularly in cross-listing opportunities. Katherine Ng, HKEX’s Head of Listing, highlighted the potential benefits of this recognition, emphasizing how it can offer domestic Indonesian companies access to a broader investor base and enable company growth.
On the other hand, the addition of IDX to the list of recognized exchanges contributes to HKEX’s diverse market offerings and provides investors in Hong Kong with more investment opportunities. Moreover, the move reinforces Hong Kong’s position as a premier international financial market in Asia.