The Stock Exchange of Hong Kong Limited (the Exchange), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has announced the addition of the Saudi Exchange (Tadawul) as a Recognised Stock Exchange (RSE). This recognition allows companies listed on the Saudi Exchange’s Main Market to apply for a secondary listing in Hong Kong. The decision follows a Memorandum of Understanding signed between HKEX and the Saudi Tadawul Group earlier this year to explore cross-listing opportunities. The inclusion of the Saudi Exchange brings the total number of RSEs to 16 across 15 countries. The Exchange will update the list of RSEs periodically based on regulatory compliance.
Resource:
https://www.hkex.com.hk/News/Regulatory-Announcements/2023/230928news?sc_lang=en