Listing on Hong Kong Exchange
Wednesday 14th October 2009, 3:00PM BST.
The stock exchange in Hong Kong is the seventh-largest in the world
JERSEY companies have been approved for listing on the Hong Kong Stock Exchange – the seventh largest exchange in the world.
It marks a significant development for Jersey’s finance industry, which is seeking to increase business flow from the Far East.
The ability to list Jersey companies on the Hong Kong Exchange will attract more business into the Island from Asia.
It will also help Jersey compete with other offshore jurisdictions that have been established in the Far East for longer, such as Cayman and Bermuda.
Meanwhile, Jersey has made it on to the exchange before some of its closest competitors, including Guernsey and the Isle of Man.
Read the full story in the Jersey Evening Post.
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