Group 1 - Approximately 15% of new investors and market share in Hong Kong this year come from the US and Europe [1] - Over 60% of surveyed US companies indicated that their scale of investment in Hong Kong will continue to increase [1] - The Hong Kong stock market is projected to grow by 18% in market value in 2024 [1] Group 2 - The average daily trading volume of Hong Kong stocks increased by 1.2 times year-on-year, reaching 242 billion HKD in the first five months of this year [2] - Hong Kong's new stock fundraising amount is the highest globally this year, nearing 90 billion HKD [2] - Bank deposits in Hong Kong increased by over 1 trillion HKD last year, rising by 7%, and have further increased by 4% this year, totaling over 18 trillion HKD [2]

Core Viewpoint - The establishment of the Premia Bank of China Saudi Islamic Bond ETF marks a significant step in the deepening financial cooperation between Hong Kong and Saudi Arabia, enhancing capital flow between the Asia-Pacific and Middle Eastern markets [1][3][4]. Group 1: Financial Cooperation and Market Development - The Hong Kong Stock Exchange (HKEX) aims to act as a "super connector" to enhance financial market infrastructure and promote cooperation plans, providing Asian investors with new investment opportunities in the Gulf region [3][6]. - The Hong Kong Securities and Futures Commission emphasizes the importance of a balanced investment portfolio that includes equity, debt, and other assets, and looks forward to launching more products to diversify investment opportunities for international investors [3][6]. - The Premia Bank of China Saudi Islamic Bond ETF (03478) is the first ETF in Asia to invest in Islamic bonds, tracking the iBoxx Saudi Exchange Government and Agency Islamic Bond Index [4][5]. Group 2: Market Dynamics and Future Prospects - The HKEX's CEO highlighted the increasing synergy and capital flow potential between the Middle East, mainland China, and Hong Kong, indicating a shift in the global economic focus towards Asia [6]. - The Hong Kong IPO market is currently very active, with the financing amount reaching approximately 90% of last year's total, attracting global investors, including those from the Gulf region [6]. - The Hong Kong Financial Secretary pointed out that geopolitical factors create both challenges and opportunities, with Hong Kong serving as a financing platform for companies seeking global expansion [6][7].

Group 1 - The second "Hong Kong-Saudi Capital Market Forum" was held in Hong Kong, focusing on promoting exchanges and investment opportunities among participants from Saudi Arabia, mainland China, Hong Kong, and globally [1] - Hong Kong's Financial Secretary emphasized the importance of connecting with outstanding Middle Eastern companies and leveraging Hong Kong's fundraising platform for mainland tech companies seeking overseas development [1][4] - The CEO of Hong Kong Exchanges and Clearing highlighted the active Hong Kong securities and IPO markets this year, attracting global investors, particularly from the Gulf region [2] Group 2 - The Saudi capital market had a record year with 55 new listings and over $4.5 billion raised, marking a 14% year-on-year increase [2] - A new ETF tracking Saudi government bonds was launched, providing Asian investors with an additional investment option in the Saudi market [3] - The CEO of the Hong Kong Securities and Futures Commission noted significant growth in the asset management scale of ETFs tracking Hong Kong stocks listed in Saudi Arabia, indicating a robust capital flow between Hong Kong and the Middle East [3] Group 3 - The Hong Kong Monetary Authority discussed agreements with Saudi Arabia for currency swap tools to encourage local enterprises to use RMB for settlements [4] - The forum facilitated over 600 meeting invitations between enterprises and investors from both regions, promoting business connections [4]