HKEX Signs Cooperation Agreement with Qingdao Municipal People’s Government

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