Hong Kong Stock Exchange is working with the Astana International Financial Centre (AIFC) to encourage mining forms in Kazakhstan to consider a dual listing in Hong Kong, the South China Morning Post (SCMP) reported Monday.

Hong Kong and AIFC reached an important milestone when various partnership contracts were signed earlier in June during Chief Executive John Lee Ka-chiu's Central Asia visit, the newswire reported citing AIFC governor Renat Bekturov.

The partnerships involve "creating new channels through which capital, expertise, innovation and investment opportunities can move more efficiently between Hong Kong, Kazakhstan, and the wider Central Asian region," Bekturov said to the SCMP in an interview.

Bekturov believes Hong Kong's role as an international fundraising platform will become increasingly relevant for Kazakh issuers, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)