Hong Kong Exchanges and Clearing Limited (HKEX) has published a press release to inform that the People’s Government of Heilongjiang Province and HKEX have entered into a Memorandum of Understanding (MoU) aimed at strengthening cooperation and facilitating the listing process for Heilongjiang-based companies in Hong Kong. The MOU encompasses various initiatives primarily to support Heilongjiang-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.
Heilongjiang, well-known for its strong food and agriculture technology sectors, is located in Northeast China. This collaboration between HKEX and the Heilongjiang government seeks to leverage these strengths, promoting Heilongjiang companies, and facilitating their access to Hong Kong’s equity market.