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More cross-border financial products may be approved
Daily News
|May 30, 2025
HONG Kong and Saudi Arabia are considering allowing more cross-border financial products, authorities said, as the two markets seek to deepen financial ties amid trade uncertainties.
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An exchange-traded fund tracking bonds issued by the Saudi government started trading in Hong Kong on Thursday, the first fixed-income fund listed in the territory to offer such exposure.
Apart from the fund, more products - such as a sharia-compliant Sukuk bond and a real estate investment trust - are “in the pipeline” for approval to trade between Hong Kong and Riyadh, said Julia Leung, CEO of Hong Kong's Securities and Futures Commission.
Cette histoire est tirée de l'édition May 30, 2025 de Daily News.
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