13 October 2009
Jersey registered companies are now eligible to be listed on the Hong Kong Stock Exchange. The Hong Kong Stock Exchange has just announced that firms based in Jersey have been added to the exchange’s approved jurisdiction list.
This development means Jersey firms can compete on an equal footing with other jurisdictions which are already included on the list. This comes as a direct result of recent marketing trips to the region.
The Chief Minister, Senator Terry Le Sueur, said: “The inclusion of Jersey firms in the Honk Kong exchange confirms the growing recognition that Jersey has robust company law and is viewed internationally as a well-regulated jurisdiction. Getting access to a major capital market like Hong Kong is a significant step forward and consolidates the work already being done by the island’s representatives in Asia.
“I hope we can continue this success by getting approval for Jersey firms to be listed on other exchanges in Shanghai, India and Russia.”
gov.je