March 2, 2023 - Hong Kong Exchanges and Clearing Limited (HKEX) announced that it will open an office in London in the first half of 2023. The new UK office aims to expand the Group's international reach and benefit customers and issuers.
The new office will promote HKEX's international equities franchise and connection with mainland China's capital markets. It also aims to provide the Group's European clients with on-the-ground expertise and insight on Hong Kong's capital market opportunities and innovations.
HKEX subsidiaries, The Stock Exchange of Hong Kong Limited and the Hong Kong Futures Exchange Limited, this week were each confirmed as Recognised Overseas Investment Exchanges by the UK's Financial Conduct Authority.
Preparatory work to open the London office is ongoing and will be overseen by Head of EMEA Business Development, Raymond Wong, who will report to Kevin Rideout, HKEX Co-Head of Sales and Marketing.
HKEX Chief Executive Officer, Nicolas Aguzin, said: "We are delighted to be opening HKEX's first European office in London, one of the world's most dynamic and vibrant financial, business and cultural cities. HKEX has strong ties with the financial community in London through the London Metal Exchange, and this new office will further strengthen our commitment to supporting the ambitions of our broad range of customers around the world. Together with our newly-opened New York office, our footprint will now cover all key global time zones, supporting us as we connect capital with opportunities and East with West."
The office will complement HKEX's existing international reach from its offices in Beijing, New York, Shanghai and Singapore.
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