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New Zealand and Hong Kong exchanges sign MOU

Operational Update31 January 2018NZXFinancials

JOINT NEWS RELEASE






31 January 2018


New Zealand and Hong Kong exchanges sign MOU


NZX Limited (NZX) and Hong Kong Exchanges and Clearing Limited (HKEX) today signed a

Memorandum of Understanding (MOU) to further promote confidence and co-operation in Asia-

Pacific markets.


Under the terms of the memorandum, the exchanges will seek to promote market development by

considering opportunities in a range of areas, including foreign investment, derivatives, depository

receipts, listed debt, dual listings and exchange traded funds.


NZX and HKEX will cooperate on green finance and sustainability initiatives, share relevant

information as required, and provide secondment opportunities for staff to enhance the

understanding of activities in each other’s market.


NZX Chairman James Miller said: “This supports the New Zealand exchange’s commitment to

increase its international presence as outlined in NZX’s recently released strategy. It highlights

NZX’s desire to expand the reach and connection of the New Zealand market.”


HKEX Chairman C K Chow said: “The MOU marks the start of an important partnership that will

broaden HKEX’s reach to potential clients in the Asia-Pacific region. This builds on HKEX’s

mission to deepen our leadership role in connecting Chinese and international investors, issuers

and products.”


NZX operates New Zealand securities, risk and commodity markets. It provides high quality market

information, such as real-time market data and news, and also offers wealth management

services. Based in Wellington, NZX also has offices across New Zealand.


HKEX is one of the world’s leading financial market operators, providing a wide range of products

and services, as well as a unique and effective platform for access between its international market

and Mainland Chinese markets. Based in Hong Kong, with a presence in London, Mainland China

and Singapore, it provides world-class facilities for trading and clearing securities and derivatives

in equities, commodities, fixed income and currency.


NZX and HKEX will continue to work together now that the memorandum is in place to consider

and implement further details about the opportunities being explored.





New Zealand and Hong Kong have a history of co-operation and partnership due to mutual trade

interests. New Zealand was the first foreign country to secure a free trade agreement with Hong

Kong. NZX and HKEX are pleased to be able to play a role in further strengthening this economic

partnership though the memorandum.


For more information, please contact:


NZX HKEX

Hannah Lynch Jeffrey Ng

(64) 09 308 3710 (852) 2840 2067

hannah.lynch@nzx.com jeffreyhwng@hkex.com.hk


Scott Sapp

(852) 2840 3860

scottsapp@hkex.com.hk

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.