The Hong Kong Stock Exchange (HKEX) and the Ningbo Municipal People’s Government have entered into a Memorandum of Understanding (MOU) to strengthen cooperation and, in particular, provide support to Ningbo companies interested in listing in Hong Kong.
According to the MOU, HKEX and the Ningbo Municipal Government will jointly organize seminars on topics relevant to Ningbo-based organizations and companies.signed Ningbo, as well as discussing the latest developments in the Hong Kong and Ningbo capital markets.
Christina Bao, Co-Head of Sales and Marketing of HKEX, and Hua Wei, Executive Vice Mayor of Ningbo, signed the Memorandum of Understanding.
Bonnie Y Chan, Co-Director of HKEX Operations, and Peng Jiaxue, Member of the Standing Committee of the Communist Party of China Zhejiang Provincial Committee and Secretary of the Communist Party of China Ningbo Municipal Committee, witnessed the signing.
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Ningbo is home to more than 10,000 manufacturing companies covering areas such as new materials and smart home appliances. In recent years, the city has accelerated the development of new economy industries such as the digital economy and high-end equipment.
Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly traded company and one of the world’s leading exchange groups, offering a wide range of markets, products and services in equity, derivatives, commodities, fixed income and other markets. financial institutions, including the London Metal Exchange.
As a super-connector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of the world, through its pioneering Connect plans, its increasingly diversified product ecosystem and its deep, liquid markets. and international.