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Hong Kong Exchanges and Clearing Limited (HKEX) and Ningbo Municipal People’s Government today (Monday) signed a Memorandum of Understanding (MOU) to strengthen cooperation, and in particular support Ningbo-based companies that are interested in seeking a listing in Hong Kong.
Under the MOU, HKEX and Ningbo Municipal Government will jointly host seminars on relevant topics for Ningbo-based organisations and enterprises, as well as exchanging ideas on the latest developments in the capital markets of Hong Kong and Ningbo.
The MOU was signed by Christina Bao, HKEX Co-Head of Sales and Marketing; and Hua Wei, Executive Vice Mayor of Ningbo.
Bonnie Y Chan, HKEX Co-Chief Operating Officer; Peng Jiaxue, Member of the Standing Committee of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee witnessed the signing.
Ningbo is home to more than 10,000 manufacturing enterprises, covering areas such as new materials and smart appliances. The city in recent years has been accelerating the development of new economy industries such as the digital economy and high-end equipment.
Christina Bao, HKEX Co-Head of Sales and Marketing (seated right), and Hua Wei, Executive Vice Mayor of Ningbo (seated left), signed an MOU at a ceremony witnessed by Bonnie Y Chan, HKEX Co-Chief Operating Officer (first from left in the standing line), Peng Jiaxue, Member of the Standing Committee of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee (first from right in the standing line).
