During the meeting, the Hong Kong Stock Exchange was identified as one of the potential international venues for the IPO of Kazakhstan Temir Zholy (KTZ).

The parties discussed key parameters of a potential offering, including the transaction structure and regulatory requirements.

They also underscored Kazakhstan’s strategic role as a transit and economic hub in the Eurasian region, situated at the crossroads of major trade routes between China and Europe.

HKEX is one of the world’s largest exchange groups and a leading international platform for capital raising. In 2025, it ranked first globally by IPO volume, reaffirming its position as a key financial hub in Asia and a major center for global capital markets.