The simplified dual initial public offering (IPO) listing framework between Malaysia and Hong Kong will take effect next month, strengthening capital market ties between the two economies.
Transport Minister Anthony Loke Siew Fook said the framework was part of the latest efforts to deepen economic cooperation between Malaysia and Hong Kong.
The framework follows a memorandum of understanding (MOU) signed by the Securities Commission Malaysia (SC) and Hong Kong’s Securities and Futures Commission on July 23.
Loke said the MOU expands the mutual recognition of funds to include exchange-traded funds (ETFs) and real estate investment trusts (REITs), while also introducing the simplified dual IPO listing framework.
Speaking at the opening of “Think Business, Think Hong Kong 2026” on Tuesday, Loke said Bursa Malaysia had also been recognised as a Recognised Stock Exchange by Hong Kong Exchanges and Clearing Ltd (HKEX).
This allows public listed companies on Bursa Malaysia to apply for a secondary listing in Hong Kong, giving Malaysian companies greater access to Hong Kong investors and capital.
Loke said the success of the framework would ultimately depend on companies and fund managers using the opportunities created by the new arrangements.
He also highlighted the growing connectivity between Malaysia and Hong Kong, with Kuala Lumpur and Hong Kong less than four hours apart by air and sharing the same time zone.
Cathay Pacific has added a fourth daily flight between Kuala Lumpur and Hong Kong since March, while Malaysia Airlines introduced direct flights from Kuala Lumpur to Shenzhen and Changsha in July, bringing its Greater China network to nine destinations.
Loke said the strong logistics and financial capabilities of Hong Kong, combined with Malaysia’s growing electronics, semiconductor and other high-value exports, offer further opportunities for businesses in both markets.
He encouraged businesses to take advantage of closer cooperation in capital markets, trade and investment to further strengthen economic ties between Malaysia and Hong Kong.
