HKEX CEO Nicolas Aguzin (second from left) and IDX President Director Iman Rachman (second from right) signed an MOU at IDX Main Hall, witnessed by HKEX Board member Cheah Cheng Hye (first from left) and IDX President Commissioner John A. Prasetio (first from right).(Photo from HKEX)
HKEX, India Stock Exchange ink cooperation pact
The stock exchanges will promote sustainable finance in Asia amongst others.
Hong Kong Exchanges and Clearing Limited (HKEX) and Indonesia Stock Exchange (IDX) have agreed to collaborate on several projects, including promoting sustainable finance in Asia.
Under the Memorandum of Understanding (MOU) signed by the parties, HKEX and IDX will also collaborate on opportunities relating to cross-border listings in the Hong Kong and Indonesian markets, joint product development, and ESG initiatives.
“HKEX is the home of Asia’s most vibrant international marketplace, offering exclusive connectivity to Mainland China’s onshore markets, while IDX sits at the heart of one of the region's most innovative economies, known for its talent, creativity and new economy pioneers,” HKEX CEO Nicolas Aguzin said.
“Working together, we look forward to opening up new possibilities for deeper collaboration between our markets, as we connect capital with opportunities,” Aguzin added.
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