{
  "id": 6704804,
  "title": "Kazakh firms eyeing Hong Kong, mainland China markets urged to take long-term view",
  "url": "https://urgent.news/2026/09/11/kazakh-firms-eyeing-hong-kong-mainland-china-markets-urged-to-take",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T04:00:10.000Z",
  "source": {
    "name": "South China Morning Post",
    "slug": "south-china-morning-post",
    "url": "https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3367134/kazakh-firms-eyeing-hong-kong-mainland-china-markets-urged-take-long-term-view"
  },
  "original_language": "en",
  "account": "Kazakhstan's businesses should focus on long-term fundraising goals instead of seeking quick profits in Hong Kong and mainland China, according to the managing director of the country's sovereign wealth fund. Samruk-Kazyna's Satzhan emphasised that the nation's state-owned rail operator, Kazakhstan Temir Zholy (KTZ), should be listed in Hong Kong by year-end. KTZ, wholly owned by the government, has applied for listings in Hong Kong, London and Astana. Satzhan highlighted that KTZ is crucial for connecting China and Europe, making it more than just a domestic railway. She encouraged investors to view the investment not just as funding but as a means to foster connectivity between China and Europe. Satzhan also noted that some of Samruk-Kazyna's strategic companies, like KazMunayGas and Kazatomprom, already have strong ties to China. The sovereign wealth fund has raised 10 billion yuan (US$1.49 billion) in panda bonds in China this year alone. She advised that investors should focus on building relationships and establishing a long-term presence in China, rather than merely seeking cheap financing. Hong Kong Exchanges and Clearing's Johnson Chui stressed the importance of Hong Kong's bourse going global by attracting firms from beyond the mainland. He pointed out the city's potential to offer Kazakh companies broad international exposure in sectors such as technology, finance, transportation, and infrastructure. HKEX has signed a memorandum of understanding with Astana International Financial Centre to collaborate on carbon markets, green finance, and sustainable development. Law firm Reed Smith's Denise Jong urged regulators to remain open-minded about emerging markets and focus on the business case, rather than just corporate governance improvements.",
  "summary": "Kazakhstan’s businesses should prioritise long-term fundraising ambitions rather than quick wins in the Hong Kong and mainland Chinese markets, the managing director of the Central Asian country’s sovereign wealth fund has said. Saltanat Satzhan, managing director for development and privatisation at sovereign wealth fund Samruk-Kazyna, said she also aimed to list state-owned rail operator…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "South China Morning Post - Hong Kong",
        "title": "Kazakh firms eyeing Hong Kong, mainland China markets urged to take long-term view",
        "url": "https://urgent.news/2026/09/11/kazakh-firms-eyeing-hong-kong-mainland-china-markets-urged-to-take-6705171",
        "published": "2026-09-11T04:00:10.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "China, Hong Kong shares head for weekly drop on Fed rate concerns",
        "url": "https://urgent.news/2026/09/11/china-hong-kong-shares-head-for-weekly-drop-on-fed-rate-concerns",
        "published": "2026-09-11T06:19:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}