HKEX and the Shenzhen Emissions Exchange signed an agreement to promote the development of the carbon market in the Greater Bay Area

On 31 October, HKEX announced the signing of a Memorandum of Understanding (MoU) with the Shenzhen Emissions Exchange. Under the MoU, HKEX and SZSE will jointly explore opportunities for carbon market connectivity and climate finance in the Greater Bay Area, with the goal of creating a vibrant and sustainable regional financial ecosystem, fully supporting China's carbon peak by 2030 and carbon neutrality by 2060, and promoting the healthy development of green finance in Asia.