Tashkent and Hong Kong discuss dual listings and IPOs for Uzbek companies

The meeting took place at the Tashkent Republican Stock Exchange with a delegation led by Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury. The two sides discussed the participation of Hong Kong financial institutions in the development of Uzbekistan’s capital market, the integration of infrastructure between the two exchanges, and new avenues for international cooperation.

The parties focused on several priority areas, including potential IPOs and dual listings for Uzbek firms in Hong Kong, as well as the development of markets for bonds, exchange-traded funds (ETFs), tokenized assets, and derivatives. Discussions also covered the possible placement of Hong Kong financial instruments within Uzbekistan.

Additional measures aimed at strengthening investor confidence and improving market liquidity were reviewed, alongside the technological integration of exchange infrastructures. Officials emphasized that developing financial instruments tailored to specific investor needs and market demand is vital for building a modern capital market.

The Hong Kong delegation expressed its readiness to support Uzbek issuers seeking access to international capital markets. Both sides concluded the meeting by reviewing initiatives to gradually establish practical, long-term cooperation between the two exchanges.