At least one company from Kazakhstan's sovereign wealth fund is expected to list on the Hong Kong stock exchange this year. Hong Kong's mature capital market makes it an ideal location for privatizing state-owned companies.

At least one company under Kazakhstan’s sovereign wealth fund will list on the Hong Kong stock exchange this year, the head of the city’s Trade Development Council has said. Council chairman Frederick Ma Si-hang on Tuesday also underscored the country’s huge potential, noting that Kazakhstan was seeking to privatise its state-owned companies and Hong Kong had emerged as the ideal location due to its mature capital market. A high-level delegation organised by the council and led by Chief...