Premia China, ICBC Saudi Arabia Islamic Bond ETF listed for the first day in Hong Kong. Leung Fung-yee: "Hope that the Saudi, Hong Kong and mainland corridor can be replicated in other Gulf countries."
Wisdom Financial APP learned that today, the Premia ICBC Saudi Arabia Islamic Bond Exchange Traded Fund (ETF) was listed on the Hong Kong Stock Exchange. The CEO of the Hong Kong Securities and Futures Commission, Ada Leung, stated at the Hong Kong-Saudi Capital Market Forum that there are now two ETFs tracking Hong Kong stocks listed in Saudi Arabia, with a large trading volume and a significant increase in assets under management. She believes that capital is flowing bidirectionally between the Middle East and mainland China through Hong Kong, and hopes that the corridor between Saudi Arabia, Hong Kong, and mainland China can be replicated in other Gulf countries.
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