Bursa Malaysia and Hong Kong Exchanges and Clearing Limited (HKEX) have signed a Memorandum of Understanding (MoU) to deepen market connectivity and unlock cross-border investment opportunities between Malaysia and Hong Kong.
As an initial milestone, both exchanges unveiled the HKEX Bursa Malaysia Large Cap Index, a co-branded benchmark aimed at strengthening capital market integration and supporting the development of cross-market products such as exchange-traded funds (ETFs).
The MoU sets out collaboration across five key areas, including exploring streamlined pathways for dual listings, co-developing indices, enhancing ETF access, advancing Shariah-compliant securities, and cooperating on carbon market initiatives.
Bursa Malaysia CEO Datuk Fad’l Mohamed said the partnership aligns with efforts to internationalise the domestic market, boost investor participation and elevate Malaysia’s global visibility, leveraging its strengths in institutional capital and Islamic finance.
Meanwhile, HKEX CEO Bonnie Y Chan said the collaboration supports its strategy to deepen regional engagement and attract global liquidity into Asia, highlighting Malaysia’s role as a gateway to Southeast Asia’s growth.
The newly launched index comprises 30 Malaysian blue-chip companies and 30 Hong Kong large-cap stocks, spanning key sectors such as consumer, financial services, utilities and telecommunications, marking a tangible step toward closer capital market integration.
