Hong Kong and Saudi work on cross-border financial products

May 30, 2025--Hong Kong and Saudi Arabia are considering allowing more cross-border financial products as the two markets seek to deepen financial ties amid rising trade uncertainties.
An exchange-traded fund tracking bonds issued by the Saudi government started trading in Hong Kong on Thursday, the first fixed-income fund listed in the territory to offer such exposure.

Apart from the fund, more products-such as a sharia-compliant sukuk bond and a real estate investment trust -are "in the pipeline" for approval to trade between Hong Kong and Riyadh, said Julia Leung, CEO of Hong Kong’s Securities and Futures Commission.