The Hong Kong Stock Exchange announced on the 30th that it plans to open an office in Riyadh, Saudi Arabia by 2025. The new office will strengthen the layout of the Hong Kong Stock Exchange in the Middle East, promote connections between China and the Gulf region, and create new opportunities for global clients and issuers. The new office is located in the economic center of Saudi Arabia and a major financial hub in the region. It will establish connections with investors and companies in the area and provide services to clients, helping them access Hong Kong's diverse financial product ecosystem and seize opportunities brought by Asian growth trends. Chen Yiting, CEO of the Hong Kong Stock Exchange Group, stated that Riyadh is a vibrant and rapidly developing region, and the establishment of a Middle East office by the Hong Kong Stock Exchange will further consolidate its cooperation with the Middle East. It also demonstrates the strategic commitment of the Hong Kong Stock Exchange to strengthening the connection between the capital markets of China and the Middle East, and supporting customers in the Middle East to achieve their development goals. Chen Yiting believes that the new Riyadh office will collaborate with the Hong Kong Stock Exchange's offices in Beijing, London, New York, Shanghai, and Singapore to expand its global presence and attract Middle Eastern clients to enter Hong Kong, the most international, diversified, and liquid capital market in Asia. (New Society)