Hong Kong Exchange & Government of China Shanxi Province to Strengthen Cooperation & Support IPO Listings of Companies of Shanxi on Hong Kong Exchange, Shanxi Province is Well Known for Natural Resources, 10 Shanxi-Based Companies Listed on HKEX with Total $3.2 Billion Funds Raised in IPOs
3rd July 2024 | Hong Kong
Hong Kong Exchange (HKEX) & the Government of China Shanxi Province have signed a Memorandum of Understanding (MOU) to strengthen cooperation & support IPO listings of companies of Shanxi on Hong Kong Exchange (HKEX). Shanxi Province is well known for natural resources, and 10 Shanxi-based companies are listed on HKEX with total $3.2 billion (HKD 25 billion) funds raised in the IPOs (End 2024 May). HKEX (28/6/24): “Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Friday) it has signed a Memorandum of Understanding (MOU) with the People’s Government of Shanxi Province (Shanxi Government) to strengthen cooperation and support listings of companies from Shanxi on Hong Kong’s equities market. Under the MOU, HKEX and the Shanxi Government will exchange information on the latest developments in the capital markets of Hong Kong and Shanxi, as well as jointly host seminars for Shanxi-based firms on capital raising opportunities in the region. The MOU was jointly signed by Christina Bao, HKEX Co-Head of Sales & Marketing; and Zhang Jiongwei, Shanxi Financial Administration Bureau Director, at a ceremony in HKEX Connect Hall. Zhou Jiannan, HKEX Head of Mainland Business; and Wu Wei, Executive Vice Governor of Shanxi Province witnessed the signing. Shanxi, a Chinese province well known for its abundance of natural resources, has in recent years been actively promoting green energy transition and developing emerging industries, such as renewable energy and high-end equipment manufacturing. As of the end of May, a total of 10 Shanxi-based companies were listed on HKEX, with total funds raised at over HKD 25 billion.”
“ Hong Kong Exchange & Government of China Shanxi Province to Strengthen Cooperation & Support IPO Listings of Companies of Shanxi on Hong Kong Exchange, Shanxi Province is Well Known for Natural Resources, 10 Shanxi-Based Companies Listed on HKEX with Total $3.2 Billion Funds Raised in IPOs “
About HKEX – Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code: 388) and one of the world’s leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metal Exchange. As a superconnector 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 schemes, increasingly diversified product ecosystem and its deep, liquid and international markets. HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.
Hong Kong Exchange & Government of China Shanxi Province to Strengthen Cooperation & Support IPO Listings of Companies of Shanxi on Hong Kong Exchange, Shanxi Province is Well Known for Natural Resources, 10 Shanxi-Based Companies Listed on HKEX with Total $3.2 Billion Funds Raised in IPOs
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