The Abu Dhabi Securities Exchange (ADX) and Hong Kong Exchanges and Clearing (HKEX) have signed a Memorandum of Understanding (MoU) to strengthen cooperation and explore opportunities for cross-listing.
The agreement was signed during the Investopia Global – Hong Kong forum, attended by Mohammad Alhawi, Undersecretary of the UAE Ministry of Investment, and Paul Chan Mo-po, Financial Secretary of Hong Kong SAR.
Under the MoU, the two exchanges will explore cross-listing of companies, develop new financial products such as exchange-traded funds (ETFs) and ESG-related instruments, and collaborate on initiatives to enhance market connectivity. Plans include joint investor events, roadshows, and measures to raise the visibility of listed companies in both markets.
ADX is already recognized as a stock exchange by HKEX, and the new agreement builds on this framework to further deepen ties.
Abdulla Salem Alnuaimi, Group CEO of ADX, said the partnership represents an important step in broadening investment opportunities for issuers and investors. Bonnie Y Chan, CEO of HKEX, noted that the agreement aligns with Hong Kong’s strategy to expand cooperation with Middle Eastern markets.