Hong Kong Exchanges and Clearing Limited (HKEX) will be opening an office in London in the first half of 2023 to extend its international reach beyond its existing offices in Beijing, New York, Shanghai and Singapore.

Preparatory work to open the London office is ongoing. The new office will be overseen by Head of EMEA Business Development, Raymond Wong, who will report to Kevin Rideout, HKEX Co-Head of Sales and Marketing.

HKEX said in a statement that the new office will promote “its international equities franchise, exclusive connectivity with Mainland China’s capital markets and its rapidly expanding derivatives product suite”.

It will also provide the group’s European clients with on-the-ground expertise and insight on Hong Kong’s capital market opportunities and innovations.

HKEX subsidiaries, The Stock Exchange of Hong Kong Limited and the Hong Kong Futures Exchange Limited, were each confirmed as Recognised Overseas Investment Exchanges by the UK’s Financial Conduct Authority.

Nicolas Aguzin, Chief Executive Officer of HKEX said,

“HKEX has strong ties with the financial community in London through the London Metal Exchange, and this new office will further strengthen our commitment to supporting the ambitions of our broad range of customers around the world.

 

Together with our newly-opened New York office, our footprint will now cover all key global time zones, supporting us as we connect capital with opportunities and East with West.”