HKEX Signs Cooperation Agreement with Ningbo Municipal People’s Government

Hong Kong Exchanges and Clearing Limited (HKEX) has published a press release to inform that Ningbo Municipal People’s Government and HKEX have entered into a Memorandum of Understanding (MoU) aimed at strengthening cooperation and facilitating the listing process for Ningbo-based companies in Hong Kong. The MOU encompasses various initiatives primarily to support Ningbo-based organizations, including the joint hosting of seminars on relevant topics. These seminars will provide valuable insights into the capital markets of both Hong Kong and Ningbo, fostering knowledge exchange and facilitating a deeper understanding of the local listing requirements and procedures.
Ningbo, renowned for its strong manufacturing sector, hosts over 10,000 manufacturing enterprises specializing in areas such as „new materials and smart appliances“. In recent years, the city has been actively fostering the growth of new economy industries, including the digital economy and high-end equipment. This collaboration between HKEX and Ningbo Municipal Government seeks to leverage these strengths, promoting Ningbo companies and facilitating their access to Hong Kong’s vibrant capital market.