The Hong Kong General Chamber of Commerce is interested in assisting Kazakh companies in undergoing the listing process on the city's stock exchange, XHKG, QazMonitor reports citing the press service of Kazakh Invest.
A delegation from the Kazakh Invest national investment agency visited Hong Kong to present investment opportunities in Kazakhstan to the city's business community.
Ricky Chan, the Deputy Chair of the Federation of Hong Kong Industries, expressed the desire of local companies to visit Kazakhstan to explore investment project opportunities in the country. Moreover, the national agency and the Federation signed a Memorandum of Understanding following the meeting.
Additionally, the Kazakh delegation met with the CEO of the Hong Kong General Chamber of Commerce, Patrick Yeung, during which the parties discussed the implementation of joint investment projects in priority sectors of the Kazakh economy.
Yeung also promised support for Kazakh companies undergoing the listing procedure on the Hong Kong Stock Exchange. Following the negotiations, the sides signed a Memorandum of Cooperation.
Kazakh Invest also held a meeting with the leadership of the Invest Hong Kong agency, during which the agencies agreed to exchange experiences and knowledge in the field of investment attraction.
The Federation of Hong Kong Industries supports industrial companies both in the city itself and those operating in mainland China. The Federation's objectives include promoting and strengthening the interests of industrial and business circles in Hong Kong and facilitating trade, investments, and technological progress.
Established in 1861, the Hong Kong General Chamber of Commerce is the oldest and one of the largest business organizations in the city. It consists of approximately 4,000 companies, collectively employing about one-third of Hong Kong's workforce.