KUALA LUMPUR: Bursa Malaysia Bhd
and Hong Kong Exchanges and Clearing Ltd (HKEX) have signed a Memorandum of Understanding (MoU) to deepen collaboration, expand regional market connectivity and unlock cross‑border investment opportunities.
The areas of co-operation both parties are considering include streamlined pathways for dual listings on their respective exchanges, the development of Shariah-compliant securities in both markets, the access to and promotion of Exchange Traded Funds (ETFs) products, and joint development of market-driven indices and investment products as well as carbon markets.
As the first initiative under the collaboration, Bursa Malaysia and HKEX unveiled the HKEX Bursa Malaysia Large Cap Index, a co‑branded benchmark designed to strengthen Malaysia–Hong Kong capital market integration and support future cross-market investment opportunities.
"This collaboration with HKEX aligns with our efforts to boost market vibrancy, expand opportunities for public listed companies and investors, and enhance Malaysia’s connectivity and visibility within the global investment landscape.”
“Malaysia’s market is underpinned by a strong base of domestic institutional investors alongside our leadership in Islamic capital market. These strengths position Bursa Malaysia as a platform that connects corporates and Shariah‑compliant investments with regional and global capital, while serving as a gateway for companies seeking access to Asean’s growth markets," said Datuk Fad’l Mohamed, Chief Executive Officer of Bursa Malaysia, in a media release today.
The HKEX Bursa Malaysia Large Cap Index brings together 30 Malaysian blue‑chip constituents and 30 Hong Kong Southbound‑eligible large‑cap companies. Malaysian constituents in the index span key sectors such as consumer products and services (23%), financial services (20%), utilities (13%), as well as telecommunications and media (13%).
