HKEX to Open New York Office to Bolster International Presence
- Office marks first presence in U.S., after Singapore, London
- Office plans come amid doubts over city’s international status
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Hong Kong Exchanges & Clearing Ltd. plans to establish a representative office in New York to market its offerings in the U.S. amid increasing doubts over the former British colony’s status as a financial hub.
The new office will comprise of only about five staff, people familiar with the plans said, asking not to be identified discussing private information. The exchange will need regulatory licenses and plans to open the office as early as next year, the people said.