NewTimeSpace News — With the tailwind of fully lifted foreign-ownership caps, the Saudi market is on the move. As of 13:19 on 23 January, Csop Saudi Arabia Etf (02830.HK) is up more than 1.6% intraday, extending its sharp two-day rally.

Exchange data show the ETF — issued by CSOP in Hong Kong — tracks the FTSE Saudi Arabia Index, covering the 50 largest Saudi companies by market cap and concentrating on energy, financials and telecoms. It is currently the only Hong Kong-listed product that gives onshore and offshore investors pure-play exposure to the full Saudi equity universe.

From 1 February 2026, Riyadh will scrap all entry barriers for overseas investors, removing minimum-asset and experience requirements and abolishing the previous swap-based regime, allowing foreigners to own listed shares directly. On the announcement day the Tadawul All-Share Index jumped 2.5%, its biggest one-day gain since September 2025, with more than 70% of constituents closing higher.

J.P. Morgan estimates that raising the foreign-ownership ceiling from 49% to 100% could attract about USD 10.6 bn of near-term inflows, while Saxo Bank expects total overseas buying of USD 10–15 bn in 2026, lifting turnover by 5–10% and serving as a key re-rating catalyst.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.