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Allowing international issuers on Stock Connect brings opportunities for Asean companies: HKEX CEO

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Raphael Lim

Raphael Lim

Published Tue, Nov 15, 2022 · 08:43 PM
    • The proposed inclusion of international companies in the Southbound Stock Connect, which was announced in September this year, would allow retail investors in mainland China to buy international stocks in Hong Kong.
    • The proposed inclusion of international companies in the Southbound Stock Connect, which was announced in September this year, would allow retail investors in mainland China to buy international stocks in Hong Kong. PHOTO: REUTERS

    THE planned inclusion of international issuers on the Stock Connect between Hong Kong and mainland China is a “major breakthrough” and opens opportunities for companies in South-east Asia, said Hong Kong Exchanges and Clearing (HKEX) chief executive Nicolas Aguzin.

    Speaking to reporters in Singapore on Tuesday (Nov 15), Aguzin noted that international companies listed in Hong Kong would have the opportunity to tap on both international and mainland China investors, which could be advantageous.

    The Stock Connect trading link between mainland China and Hong Kong, which launched in 2014, allows investors to trade and settle shares listed on the other market via the stock exchanges and clearing houses in their home market.

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