HKEX SIGNS COOPERATION AGREEMENT WITH XI’AN GOVERNMENT
Hong Kong Exchanges and Clearing Limited (HKEX) and the Xi'an Municipal People's Government (Xi'an Government) (Wednesday) signed a Memorandum of Understanding (MOU) to strengthen cooperation, and in particular support Xi'an-based companies that are interested in seeking a listing in Hong Kong.
Under the MOU, HKEX and the Xi'an Government will exchange information on the latest developments in the capital markets of Hong Kong and Xi'an, as well as jointly host seminars for Xi'an-based organisations on capital raising opportunities in the region.
Xi'an, the capital of Shaanxi Province, is developing as a major research and development hub in Northwest China. Key industries in Xi'an include equipment manufacturing, healthcare, new energy, semiconductor as well as mining. Currently, there are nine Xi'an-based companies listed on HKEX.
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