On October 30, 2024, the Shenzhen Stock Exchange (SZSE) and UAE Ministry of Investment co-hosted the UAE - China (Shenzhen) Industry and Investment Cooperation Conference. The conference aimed to discover industry investment and capital market cooperation opportunities between China and the UAE, enhance communication and exchange, and promote collaboration for mutual benefit. Attendees included executive of SZSE, Undersecretary of UAE Ministry of Investment, H.E. Mohammad Abdul Rahman AI Hawi, and UAE Consul General in Guangzhou, H.E. Mariam Alshamsi. They were joined by more than 200 representatives from UAE government departments and chambers, ADQ, China International Capital Corporation, China Construction Bank Trust, leading investment institutions at home and abroad, and Shenzhen listed companies.
Revolving around themes such as financial pathways and opportunities for bilateral investments between China and the UAE, investing in the UAE, investment and operation by China listed companies in the UAE, the conference featured keynote speeches and panel discussions. Representatives from 19 listed companies in advanced manufacturing, digital economy, energy and chemical engineering, biomedicine sectors had one-on-one meeting with 7 UAE delegate organizations to introduce their performance, address issues of investors’ interest, and explore cooperation opportunities.
In recent years, SZSE has been proactively promoting pragmatical cooperation with UAE capital markets. By signing MoUs with Abu Dhabi Securities Exchange and Dubai Financial Market, SZSE explores opportunities in product cross-listing, investment and financing matchmaking, and market cultivation and promotion and other forms of cooperation as well as establishes regular two-way connecting mechanism for industry and investment cooperation with government departments, sovereign funds, and other entities in the UAE. Through roadshows by A-share listed companies in the UAE, the innovation and vitality and growth potentials of Chinese companies have been demonstrated, which attracts more investment from Middle East to China.
Looking ahead, SZSE will continue to promote connectivity with overseas markets and improve cross-border services in capital market under the guidance of the China Securities Regulatory Commission so as to attract medium- and long-term funds from overseas, promote institutional opening-up of the capital market, support BRI economic and trade cooperation and contribute to high quality economic development.
