--- title: "[Zhenzhuo HK Stock Market Trends] Jiaxin International (03858.HK) accompanies Chief Executive John Lee on a visit to Kazakhstan" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/41475014.md" description: "On May 31, 2026, the Chief Executive of the Hong Kong Special Administrative Region, John Lee, led the largest Hong Kong business delegation of the current-term government to visit Kazakhstan, fully promoting in-depth cooperation between Hong Kong and Central Asia in various fields such as economy and trade, finance, and innovation and technology. As the birthplace of the "Belt and Road" initiative, Kazakhstan is a core partner for Hong Kong to deepen its presence in the Central Asian market. This high-level visit marks a new stage in bilateral cooperation between Hong Kong and Kazakhstan, fully demonstrating Hong Kong's firm commitment to proactively integrating into the national development strategy and leveraging its strengths to serve the country's high-level opening-up strategy..." datetime: "2026-06-04T10:50:40.000Z" locales: - [en](https://longbridge.com/en/topics/41475014.md) - [zh-CN](https://longbridge.com/zh-CN/topics/41475014.md) - [zh-HK](https://longbridge.com/zh-HK/topics/41475014.md) author: "[真灼财经](https://longbridge.com/en/profiles/1067948.md)" --- # [Zhenzhuo HK Stock Market Trends] Jiaxin International (03858.HK) accompanies Chief Executive John Lee on a visit to Kazakhstan On May 31, 2026, John Lee, the Chief Executive of the Hong Kong Special Administrative Region, led the largest Hong Kong business delegation of the current-term SAR government on a visit to Kazakhstan, aiming to comprehensively promote in-depth cooperation between Hong Kong and Central Asia in areas such as economy and trade, finance, and innovation and technology. As the birthplace of the “Belt and Road” initiative, Kazakhstan is a core partner for Hong Kong in deepening its presence in the Central Asian market. This high-level visit marks a new stage in bilateral cooperation between Hong Kong and Kazakhstan, fully demonstrating Hong Kong's firm commitment to actively integrating into the country's overall development and leveraging its own advantages to serve the nation's high-level opening-up strategy. Mr. Liu Liqiang, Chairman of Jiaxin International (03858.HK), was invited to accompany and participate in this diplomatic visit. During the visit, John Lee held formal meetings with Kazakh President Kassym-Jomart Tokayev and Prime Minister Olzhas Bektenov, engaging in in-depth exchanges and building consensus on topics such as deepening economic and trade cooperation, expanding industrial alignment opportunities, and empowering regional coordinated development. John Lee pointed out that market entities in Hong Kong and Mainland China can precisely grasp the development dividends from Kazakhstan's market-oriented reforms, accelerate the implementation of industrial layouts in Central Asia, and empower the high-quality development of the “Belt and Road” through pragmatic cooperation. He revealed that the Hong Kong SAR Government plans to establish a Hong Kong Economic and Trade Office in Kazakhstan to enhance bilateral economic and trade cooperation, and warmly welcomes high-quality local enterprises from Kazakhstan to develop and list in Hong Kong. During the visit, He Lizhi, Commissioner for Belt and Road of the Hong Kong SAR Government's Commerce and Economic Development Bureau, stated that leveraging Central Asia's abundant mineral and natural resource endowments and Hong Kong's advantages as an international financial center, local resource-based enterprises can utilize Hong Kong's platform to complete diversified capital operations such as IPO fundraising and bond issuance, opening up international financing and development channels, and achieving a two-way enhancement of industrial value and capital value. Witnessed by Kazakh Deputy Prime Minister Serik Zhumangarin and Hong Kong SAR Chief Executive John Lee, Jiaxin International (03858.HK) formally signed a Memorandum of Cooperation with the Ministry of Industry and Construction of Kazakhstan, supporting the increase of the annual processing capacity of the Baktau Tungsten Mine from 3.3 million tons to 4.95 million tons, further enhancing tungsten concentrate production capacity. The memorandum also covers deepened cooperation in areas such as introducing innovative technologies to optimize production processes and making additional investments to develop deep processing of mineral raw materials, further consolidating the company's core industrial competitiveness and promoting the upgrade of China-Kazakhstan mining cooperation towards refinement, high-end, and long-term sustainability. As the world's first company to achieve dual primary listing on both the Hong Kong Stock Exchange and the Astana International Exchange in Kazakhstan, and also the first RMB-denominated stock in Central Asia, Jiaxin International (03858.HK) has become a benchmark case for Hong Kong's capital market in connecting with Central Asia and serving the “Belt and Road” initiative. In the future, Jiaxin International (03858.HK) will continue to rely on Hong Kong's professional service advantages in international financing, cross-border asset management, and international law, deepen its presence in Kazakhstan's mining market, fully leverage its role as a two-way hub and link, and continuously inject new momentum into deepening economic and trade exchanges between the two places and promoting regional economic coordinated development.