The Hong Kong stock exchange continues to make outreach efforts to international investors, this time with the opening of a new London office.
The Hong Kong Exchanges and Clearings (HKEX) has opened a London office, according to a statement, which will consolidate the bourse’s presence in the UK and connect to European clients.
«HKEX already has strong ties with the financial community in London, through its subsidiary, the London Metal Exchange (LME), and this new office will broaden and deepen our support for our growing customer base in Europe,» said HKEX CEO Nicolas Aguzin, who cruised around the streets of the British capital in an iconic red Hong Kong taxi.
International Outreach
The new office is part of ongoing efforts by the HKEX to reach out to international investors throughout this year, following Hong Kong's post-Covid reopening. It opened an office in New York in June and also signed separate agreements with stock exchanges in Saudi Arabia and Indonesia to explore opportunities in the Middle East and Southeast Asia.
In addition to the HKEX, the Hong Kong government has also made efforts to boost the city’s capital markets by forming a 13-member task force in August, according to an «SCMP» report, made of banking, stockbroking, asset management and investment executives. The group is led by ex-Securities and Futures Commission chair Carlson Tong.