Hong Kong's SFC explores cross-listings of ETFs with Saudi Arabia

The SFC's CEO Julia Leung recently visited the head of Saudi Arabia's Capital Market Authority and Saudi Exchange's CEO, while Saudi Aramco has launched a secondary offering.

Hong Kong is continuing to increase ties with Saudi Arabia in the financial sector as Middle Eastern and Asian economies move closer together. 

Within the last week, Julia Leung, Hong Kong’s Securities and Futures Commission’s SFC chief executive officer, and Christina Choi, SFC's executive director of investment products, have been on a recent Middle East business trip to meet the head of the Saudi Arabia’s Capital Market Authority CMA and senior executives of Saudi Tadawul Group parent company of the Saudi Exchange in Riyadh.

During separate meetings with the CMA’s chairman Mohammed bin Abdullah Elkuwaiz and its commissioner Abdulaziz Abdulohsen Bin Hasan and a...

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