HKEX's Aguzin: Visit to Middle East 'Very Productive'

The transcript discusses a visit to Saudi Aramco aimed at strengthening relationships between Hong Kong and Gulf countries. It highlights efforts to build connectivity through dual listings and cross-listing collaborations, particularly with GCC countries. The impact of COVID on Hong Kong's financial market is examined, showing resilience and growth in investments. Future plans include regulatory support for a specialized technology chapter to enhance market access for innovative companies.

What was the main focus of the visit to Saudi Aramco?

• To negotiate a trade deal

• To explore tourism opportunities

• To strengthen post-COVID relationships

• To discuss oil prices

What is the Stock Connect program primarily designed to do?

• Connect Hong Kong with European markets

• Facilitate trade between Hong Kong and the US

• Link mainland Chinese exchanges with Hong Kong

• Promote tourism in Hong Kong

What is a key benefit of the Stock Connect program mentioned in the transcript?

• It connects Hong Kong with the Middle East

• It reduces transaction fees

• It facilitates over $100 billion in trades

• It focuses on technology companies

Which Middle Eastern market did Hong Kong sign a memorandum of understanding with?

• Abu Dhabi Securities Exchange

• Dubai Financial Market

• Tadawul

• Qatar Stock Exchange

How has Hong Kong's market volume changed post-COVID?

• Fluctuated without a clear trend

• Remained the same

• Decreased significantly

• Increased to around $140 billion per day

What is the purpose of the new technology chapter in Hong Kong's financial market?

• To support traditional industries

• To allow access for companies with significant R&D investments

• To restrict foreign investments

• To promote real estate development

What has been a significant trend in Hong Kong's financial market post-COVID?

• Decline in foreign investments

• Decrease in IPOs

• Stagnation in market growth

• Increase in sovereign wealth fund investments