Key facts
- Hong Kong's bourse and Kazakhstan's Astana International Financial Centre (AIFC) are in discussions with mining companies.
- The aim is to facilitate dual-listing opportunities for these miners.
- This follows a successful dual-listing case from the previous year.
- Partnership agreements between AIFC and Hong Kong aim to enhance investment flows and regional cooperation.
- The AIFC is a special financial zone established in 2018, applying common law and international arbitration.
Hong Kong's bourse and Kazakhstan's Astana International Financial Centre (AIFC) are actively engaging with mining companies in Kazakhstan to explore dual-listing opportunities. This initiative follows a successful dual-listing case from the previous year, according to AIFC governor Renat Bekturov.
Bekturov stated that several partnership agreements signed with Hong Kong during Chief Executive John Lee Ka-chiu's visit to Central Asia earlier this month represent an "important milestone" in expanding cooperation. He anticipates these partnerships will facilitate greater investment flows between the regions, enhance awareness of Kazakhstan and Central Asia among Asian investors, and support joint capital market initiatives.
"They are about creating new channels through which capital, expertise, innovation and investment opportunities can move more efficiently between Hong Kong, Kazakhstan and the wider Central Asian region, laying the foundation for deeper long-term cooperation and sustainable economic growth," Bekturov told the South China Morning Post.
The AIFC, established in 2018, is a special financial zone that operates under common law and utilizes international arbitration. It positions itself as a gateway for Chinese investment into Central Asian and Eurasian markets.