Hong Kong's Financial Services and the Treasury Bureau said that, during Secretary for Financial Services and the Treasury Christopher Hui's visit to Kuala Lumpur, Hong Kong and Malaysian regulators signed two co-operation agreements aimed at expanding cross-border capital market access and regulatory co-ordination. The first MOU, between the Securities and Futures Commission of Hong Kong and the Securities Commission Malaysia, sets a framework for mutual recognition of funds and cross listings of equity securities. A second MOU, between the Accounting and Financial Reporting Council and the Securities Commission Malaysia, establishes a strategic partnership on audit oversight and financial reporting compliance. The update also included a market access step for issuers. Bursa Malaysia was recognised as a Recognised Stock Exchange of Hong Kong Exchanges and Clearing Limited, which allows companies with a primary listing on Bursa Malaysia's Main Market to apply for a secondary listing in Hong Kong. Separately, Hui discussed broader areas for Hong Kong-Malaysia collaboration with Malaysia's Treasury Secretary General, including Islamic finance and co-operation between regulators, and met Capital A Berhad, which is exploring a dual listing in Hong Kong.

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