Hong Kong Saudi Capital Market Forum held in Hong Kong

2024-05-10

The Hong Kong Stock Exchange and the Saudi Arabian Stock Exchange Group jointly held the "Hong Kong Saudi Capital Market Forum" in Hong Kong on the 9th, marking a solid step for the two exchange groups in strengthening strategic connections. The Hong Kong Stock Exchange and the Saudi Arabian Stock Exchange Group have continuously deepened their strategic partnership since signing a cooperation agreement in 2023, and the "Hong Kong Saudi Capital Market Forum" is showcasing the results of their cooperation. The forum, with the theme of "promoting exchanges," attracted over 650 financial leaders, regulatory agencies, investors, and business representatives from Saudi Arabia, mainland China, Hong Kong, and around the world to share investment opportunities in different regions. There are over 200 representatives from Saudi Arabia. Huang Weilun, Deputy Secretary for Finance of the Hong Kong Special Administrative Region Government, delivered a speech at the forum, stating that Saudi Arabia has clear goals to develop its financial market, and Hong Kong is a highly open and international financial center, with enormous potential for cooperation between Hong Kong and Saudi Arabia. Chen Yiting, CEO of the Hong Kong Stock Exchange Group, stated that this forum reflects the Hong Kong Stock Exchange's commitment to strengthening dialogue, promoting capital flows, and supporting innovation. I hope to facilitate substantial results for investors and businesses in Hong Kong and Saudi Arabia from the exchange. Representatives from Saudi Arabia stated that the capital markets of Saudi Arabia and Hong Kong are integrated and there is healthy competition, and they believe that both can achieve sustainable growth. Saudi Arabia, with its unique geographical location, can build a bridge for the capital markets of the East and the West. In addition to the forum, business negotiation activities will also be held simultaneously from the 9th to the 10th, with over 300 meetings attended by about 200 investors and more than 40 companies. (Lai Xin She)

Edit:Lubaikang    Responsible editor:Chenze

Source:Xinhua network

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