The Hong Kong Exchanges and Clearing Limited (HKEX) teams up with Bursa Malaysia Berhad to boost collaboration and enhance capital market connectivity between the two countries.
The collaboration includes cooperation on dual listings, ETFs, joint development of indices and investment products, Shariah-compliant securities, and carbon markets.
Under the deal, the two bourses announced the launch of the HKEX Bursa Malaysia Large Cap Index, which is a new co branded benchmark designed to improve cross market access for investors.
This will be gauging the performance of the 60 largest companies listed in Hong Kong and Malaysia by market capitalisation, with 30 constituents drawn from each market and index weightings of approximately 60% for Hong Kong-listed companies, and 40% for Malaysian-listed companies.
