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Home >> China
UPDATED: 20:50, December 22, 2006
Hong Kong chief meets visiting Kazakh president
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Chief Executive of the Hong Kong Special Administrative Region Donald Tsang on Friday met visiting President of the Republic of Kazakhstan Nursultan Nazarbayev.

President Nazarbayev arrived in Hong Kong Thursday night after concluding his visit to Beijing this week.

Kazakhstan became Hong Kong's first aviation partner in Central Asia by signing a bilateral Air Services Agreement Friday afternoon with Hong Kong.

During the meeting, Tsang invited quality Kazakh companies to seek listing on the Hong Kong Stock Exchange given its deep liquidity of the capital market.

"The Hong Kong Stock Exchange offers a very attractive alternative for Kazakh companies interested to raise funds here," he said.

Tsang said there is scope for enhanced co-operation between Hong Kong and Kazakhstan in other areas such as tourism, air services and trade apart from fostering closer ties in financial services.

President Nazarbayev introduced the bilateral achievements between Kazakhstan and China during his official meeting with Chinese leaders in Beijing this week.

Nazarbayev said he was very interested to list Kazakh enterprises in the Hong Kong Stock Exchange as Hong Kong is one of the world's financial centers.

Nazarbayev said Kazakhstan is a very attractive destination for investment and he invited Hong Kong investors to set up business in Kazakhstan during its process of industrialization and innovation, particularly in industries of resources and infrastructure facilities construction.

Source: Xinhua


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