Saudi Arabia and Hong Kong reinforced the efforts to improve trading activity

Saudi Arabia and Hong Kong reinforce the efforts to improve trading activity, at a time when financial flow descends to the indicators traded in the two markets, which coincide with the failure to perform new mutual infections. It is scheduled to deliver the CEOs of “Tadawul” and “Hong Kong” Mohamed Al -Rumaih and Bony Chan, a speech on the “Hong Kong Capital Markets Forum” in Hong Kong. The city’s finance minister, Paul Chan, and the head of the Securities and Futures Authority Julia Lyong will also speak. Riyadh and Hong Kong have been a consolidation of relations for the past few years, as the Asian city is trying to attract wave families and diversify the investor base. On the other hand, Saudi Arabia worked to attract Chinese investors and increase the ownership of foreigners and liquidity in the traded shares, within the framework of “Vision 2030”. A Saudi Effect Fund begins to trade in Hong Kong starting with the trading of an indication that the effects issued by the Saudi government in Hong Kong on Thursday are detecting. This fund is the latest addition to a series of indicators that follow Saudi and Chinese shares, which have been inserted in Hong Kong, Shantshen, Shanghai and Riyadh since 2023, although trade and flow volumes are still minimal. “There is a limited natural demand for these products, despite its strong performance, because it appears that most of the desired assets initially came from investors such as the Saudi public investment fund and the Hong Kong Cash authority.” The Hong Kong Exchange announced its intention in October to open an office in the Saudi capital in 2025, as part of its efforts to improve the ‘biggest interdependence between China and the Gulf Region’, according to an official statement. In the same month, Cathy Pacific, the Hong Kong National Airlines Company, started running three weekly and again weekly flights between the city and Riyadh. The stock market in Hong Kong has recovered a lot since the visit of the CEO of the city, John Lee, after the Golf in early 2023, while Beijing wants to strengthen the city’s position as financing center for its businesses. The most important new sales sales returned to the Hong Kong Stock Exchange this year, after a period of Stop, often powered by descriptions of large Chinese businesses, already listed on the continent. Earlier this month, the company “Catal”, the Giant of Electric Car Batteries, raised $ 5.3 billion in Hong Kong, after the larvest insertion in the world for the year 2025. The total revenues achieved from the stock sales in the city have exceeded the highest annual Level Since 2021. Hong Kong Index Exceeds Globally the Hong Singh Standard Index increased in Hong Kong at 16% this year, to be Among the Best Performance in the World, compared to a drop of about 8% in the Saudi Market Index “Tassi”. A memorandum of understanding was signed in 2023 between the two exchanges to investigate the opportunities for mutual listing, but no real listing has been implemented yet. Although more indicators can be included in the two regions this year with the support of government policies, “more resources and awareness will be needed to motivate investors to claim these products,” according to Rebecca Sen of “Bloomberg Intelligence”.