Hang Seng Index Company announced the signing of a memorandum of understanding with the Saudi Exchange, a subsidiary of the Saudi Stock Exchange Group, with the aim of jointly enhancing international reputation, promoting business development in both regions, and strengthening market information exchange. Hang Seng Index Company and the Saudi Exchange will explore cooperation opportunities in different areas, including product development, index data interchange, sharing industry knowledge, and work together to increase public awareness and participation in both markets.

Jessica Wu, CEO of Hang Seng Index Company, stated that we are pleased to cooperate with the Saudi Exchange, the largest and most liquid stock exchange in the Middle East and North Africa region. We expect to further deepen the exchange and development between Hong Kong and Saudi Arabia. We look forward to jointly developing products to attract investors to both markets and assist Hong Kong in playing the role of "super connector" as a leading international financial center, assisting in connecting the mainland to the international market.