Hong Kong Bursa and Clearing Limited (HKEX) said on Friday that it is planning to create its permanent headquarters at Exchange Square.

HKEX

The stock market said in its press statement that this step highlights.A long -term commitment to growth and future development of Hong Kong as a leading global financial center

HKEX has agreed to buy the best nine floors of the Exchange One box and an additional space adjacent to the Hkex Connect Hall for $ 6.3 billion, Hong Kong, funded by internal resources.

The group will also sign long -term rental contracts for many floors in two squares for exchange, and adopt a hybrid purchase and rent model to provide flexibility through various property courses.

“Excination Square has seen the great shift in the Hong Kong Capital Market,” said HKEX Chairman Carlson Tong. “We are proud to work with Hongkong Land to develop HKEX headquarters and raise this symbol in the heart of our financial industry.”

As part of the agreement, Hongkong Land will invest $ 400 million Hong Kong to update the areas facing the public in the stock market, including adding signs of HKEX brand and new reception pressure.

Improvements aim to improve community communication and renew the Finance Museum.

The Exchang Square, which was completed in 1985, was closely linked to the Hong Kong Stock Exchange nearly four decades ago.

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