HKEX is already linked with 20 of the world’s stock exchanges through mutual recognition agreements, a technical accreditation that lets companies listed in Thailand, Indonesia, Singapore, Saudi Arabia and Abu Dhabi sell additional shares in Hong Kong.
“There is certainly interest among Asian companies to tap [global and mainland Chinese] funds in Hong Kong, indicating that Hong Kong can be a major regional connector [besides] its core position connecting China with the world,” Carlson Tong Ka-shing said in an interview this week after attending the World Federation of Exchanges board meeting in Singapore.
Two Singapore-based companies listed in Hong Kong this year, while a Thai coconut-water producer based in the Lion City is also in the queue to raise funds in Hong Kong.
