Hong Kong Exchanges and Clearing Limited (HKEX) confirmed that it will open an office in London in the first half of 2023.
“The new UK office will further expand the Group’s international reach, promoting greater global connectivity and facilitating opportunities for HKEX clients and issuers around the world” said in a statement HKEX.
The new office will promote the appeal of HKEX’s international equity franchise, its unique connectivity to the mainland Chinese capital markets and its rapidly expanding suite of derivatives products.
It will also provide the Group’s European clients with knowledge and experience on the ground, as well as information on the opportunities and innovations of the Hong Kong capital market.
HKEX subsidiaries The Stock Exchange of Hong Kong Limited and Hong Kong Futures Exchange Limited have this week been confirmed as recognized foreign investment exchanges by the UK Financial Conduct Authority.
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Preparations are also underway to open the London office. The new office will be led by Raymond Wong, Director of Business Development for EMEA, reporting to Kevin Rideout, Co-Head of Sales and Marketing for HKEX.
Nicolas Aguzin, HKEX CEO, said: “We are delighted to open HKEX’s first European office in London, one of the most dynamic and vibrant financial, business and cultural cities in the world.
“HKEX has strong ties to the London financial community through the London Metal Exchange, and this new office will further reinforce our commitment to supporting the ambitions of our wide range of clients around the world. Together with our newly opened With our New York office, our presence will now span all of the world’s key time zones, helping us connect capital with opportunity and East with West.”
The opening of the London office will make it easier for HKEX to connect with investors and other market participants during European business hours and allow the Group to strengthen ties with its clients across the region. The office will complement HKEX’s existing international reach from its offices in Beijing, New York, Shanghai and Singapore.
