SSEK Law Firm foreign counsel Michael S. Carl and senior associate Maria Yudhitama Eka Dewi spoke at a recent capital markets seminar hosted by the Indonesia Stock Exchange (IDX) and Hong Kong Exchanges and Clearing Limited (HKEX) on Roadmap to Additional Liquidity via Dual Listing.
The IDX and HKEX signed a memorandum of understanding in July 2023 to explore partnership opportunities and strengthen connectivity between both markets, improve stock trading liquidity, and increase the global presence of Indonesian companies. One of the explored collaboration schemes is a secondary listing of IDX-listed companies on HKEX.
The IDX and HKEX seminar explored how IDX issuers can tap additional liquidity via HKEX, looking at the process, benefits, challenges and requirements associated with a dual listing in Hong Kong.
SSEK’s Michael Carl and Maria Y. Eka Dewi, along with partners from the Hong Kong office of multinational law firm Latham & Watkins LLP, gave a presentation on How to List in Hong Kong: Process and Considerations.