HKEX allows SET-listed firms to apply for secondary listings

As Hong Kong looks to integrate more with Asean's economies, Thailand joins Indonesia and Singapore as a Recognised Stock Exchange in the Special Administrative Region.

The Hong Kong Stock Exchange HKEX has added the Stock Exchange of Thailand SET to its Recognised Stock Exchange RSE list, according to a March 10 HKEX announcement.

The move by the HKEX will enable public limited companies with a primary listing on SET’s main market to apply for a secondary listing in Hong Kong. The addition increases the number of RSEs in Southeast Asia, which currently includes the Indonesian Stock Exchange and the Singapore Exchange.

Hong Kong's government has been looking to expand into Asean's fast-growing economies over the last 18 months through a series of bilateral meetings both in Hong Kong...

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