HKEX signs MoU with China’s Shaanxi Province

HONG KONG -- Hong Kong Exchanges and Clearing Limited (HKEX) and Shaanxi Province today signed an MoU in Xi'an to strengthen mutual communication and capital market co-operation, as well as to encourage more Shaanxi-based enterprises to list in Hong Kong.

As of September 30, a total of 12 Shaanxi-based companies had listed on HKEX, raising HK$16 billion, and with a total market value oHKf $31 billion.  With the signing of the MOU, HKEX and Shaanxi Province will further strengthen co-operation to facilitate listings of Shaanxi-based enterprises in Hong Kong.

HKEX, together with Shaanxi Provincial Financial Regulatory Bureau and the Hong Kong Trade Development Council, also co-hosted an IPO workshop today in Xi'an on the latest developments in Hong Kong IPO markets.  Around 350 representatives from Shaanxi enterprises attended the IPO workshop.

The MOU was signed by Xu Chunmeng, HKEX Chief Representative of Beijing Representative Office, and Su Huchao, Director of Shaanxi Provincial Financial Regulatory Bureau.

HKEX Head of Mainland Development, Mao Zhirong, and Vice Governor of Shaanxi Province, Liang Gui, as well as Deputy Director of the Shaanxi Hong Kong and Macau Affairs Office, Yao Jinchuan, and Deputy Director of CSRC Shaanxi Branch, Guo Shiming, witnessed the signing.

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