Hong Kong Exchanges and Clearing Limited (HKEX) and Beijing Antaike Information Co Ltd (Antaike) signed a Memorandum of Understanding (MOU) in Beijing on 24 May to establish a deeper strategic partnership. Based on the existing alumina quotation cooperation, the MOU seeks to further expand the cooperation in the spot market of non-ferrous metal, and two parties jointly promote the internationalisation of spot prices of Mainland China’s non-ferrous metals.
The MOU was signed by Dennis Zhang, HKEX Managing Director of Market Development, and Ren Baifeng, Deputy General Manager of Antaike. HKEX Head of Market Development Li Gang, Vice President of China Non-Ferroes Metals Industry Association Wen Xianjun, Chairman of Antaike Zheng Jiaju, and General Manager of Qianhai Mercantile Exchange Dong Feng witnessed the signing.
Other senior executives from HKEX and Antaike also attended the signing ceremony.
Witnessed by Wen Xianjun, Vice President of China Non-Ferroes Metals Industry Association (standing, middle), Li Gang, HKEX Head of Market Development (standing, third from right), Zheng Jiaju, Chairman of Antaike (standing, third from left), and Dong Feng, General Manager of QME (standing, second from right), Dennis Zhang, HKEX Managing Director of Market Development (seated, right), and Ren Bofeng, Deputy General Manager of Antaike (seated, left), signed the HKEX-Antaike MOU. Senior Vice President of QME Marketing Department Dennis Huang (standing, first from right), Antaike General Manager Jiang Guofeng (standing, second from left), Chief Expert Xiong Hui (standing, first from left) attended the signing ceremony.
