- Bursa Malaysia and HKEX establish collaboration spanning dual listings, ETFs, indexes,
Shariah-compliant securities, and carbon markets, broadening cross-border
investment opportunities. - HKEX Bursa Malaysia Large Cap Index, comprising 30 companies listed in Malaysia and
30 listed in Hong Kong, unveiled as the first initiative under the collaboration. - Collaboration on Shariah-compliant securities and carbon markets opens pathways
for access across both markets.
Kuala Lumpur, 27 March 2026 — Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and
Hong Kong Exchanges and Clearing Limited (“HKEX”) today signed a Memorandum of
Understanding (MoU) to deepen collaboration, expand regional market connectivity and unlock
cross‑border investment opportunities.
As the first initiative under the collaboration, Bursa Malaysia and HKEX also today unveiled the
HKEX Bursa Malaysia Large Cap Index, a co‑branded benchmark designed to strengthen
Malaysia–Hong Kong capital market integration, and support future cross-market investment
opportunities, including products such as Exchange Traded Funds (ETFs).
Meanwhile, the MoU enables both exchanges to cooperate across five strategic areas for the
development of more connected and investable markets. These include:
- the joint exploration of streamlined pathways for dual listings between Hong Kong and
Malaysia; - co‑development of market‑driven indexes;
- cooperation to enhance access to and promotion of ETFs;
- facilitation of the development of Shariah‑compliant securities in both markets; and
- collaboration in areas relating to carbon markets.
The MoU was signed on behalf of Bursa Malaysia by Dato’ Fad’l Mohamed, Chief Executive Officer
of Bursa Malaysia, and on behalf of HKEX by Bonnie Y Chan, Chief Executive Officer of HKEX.
Dato’ Fad’l Mohamed, Chief Executive Officer of Bursa Malaysia, said: “As global markets
become more volatile and capital flows rotate dynamically across geographies,
internationalisation is a vital growth enabler for exchanges. This collaboration with HKEX aligns
with our efforts to boost market vibrancy, expand opportunities for PLCs and investors, and
enhance Malaysia’s connectivity and visibility within the global investment landscape.”
“Malaysia’s market is underpinned by a strong base of domestic institutional investors alongside
our leadership in Islamic capital market. These strengths position Bursa Malaysia as a platform
that connects corporates and Shariah‑compliant investments with regional and global capital,
while serving as a gateway for companies seeking access to ASEAN’s growth markets. The launch
of the HKEX Bursa Malaysia Large Cap Index marks an important early milestone under this MoU,
elevating the market presence of Malaysian PLCs among investors in the region and highlighting
the diversity of our sectors,” he added.
Bonnie Y Chan, Chief Executive Officer of HKEX, said: “We are delighted to be partnering with
Bursa Malaysia to drive enhanced connectivity between our capital markets. Malaysia sits at the
heart of Southeast Asia — one of the world’s fastest growing regions — known for exciting
opportunities in sectors such as innovation, consumer and resources, while HKEX is home to Asia’s
most vibrant international marketplace, offering exclusive connectivity to opportunities on the
Chinese Mainland.
“Expanding our engagement with the region is a key strategic priority as we continue our work to
build a multi-asset product ecosystem, drawing global liquidity to Asia at a time of heightened
macro uncertainties. The launch of the HKEX Bursa Malaysia Large Cap Index, together with the
signing of this MOU, marks the latest step in our journey to advance regional connectivity through
tangible outcomes that benefit our markets,” Ms Chan added.
The HKEX Bursa Malaysia Large Cap Index launched today brings together 30 Malaysian
blue‑chip constituents and 30 Hong Kong Southbound‑eligible large‑cap companies. Malaysian
constituents in the index span key sectors that form the backbone of the country’s economy,
including consumer products and services (23%), financial services (20%), utilities (13%), as well as
telecommunications and media (13%).
