Hong Kong and Saudi Arabia are considering allowing more cross-border financial products to deepen financial ties amid trade uncertainties. An exchange-traded fund tracking Saudi government bonds started trading in Hong Kong, with more products like a Sukuk bond and real estate investment trust in the pipeline for approval.
image sourced from original article at https://www.dailymail.co.uk/wires/reuters/article-14760261/Hong-Kong-Saudi-Arabia-approve-cross-border-financial-products.htmlOriginal article source: https://www.dailymail.co.uk/wires/reuters/article-14760261/Hong-Kong-Saudi-Arabia-approve-cross-border-financial-products.html
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