The Dubai Financial Market (DFM) and Shenzhen Stock Exchange (SZSE) have joined forces to boost cross-border investment and trading opportunities. This collaboration, formalized through a Memorandum of Understanding (MoU), underscores a shared commitment to strengthening ties between the UAE and China’s capital markets.
The MoU was signed by Chen Feng, Director of International Cooperation Department at SZSE, and Afra Al Suwaidi, chief executive officer of Dubai Central Securities Depository, a DFM subsidiary. The signing ceremony was witnessed by key figures including Sha Yan, chairperson of Shenzhen Stock Exchange, Ou Boqian, consul general of the People’s Republic of China in Dubai, and Hamed Ali, CEO of Dubai Financial Market & Nasdaq Dubai.
Knowledge sharing and collaboration
This partnership will pave the way for joint initiatives such as roadshows, seminars, research collaborations, and training programs. These efforts aim to drive the growth of capital markets in both countries and facilitate cross-border financing for listed companies. The exchanges will also explore avenues for cooperation in areas like dual-listing, ETFs, mutual index display, and fixed-income products, subject to regulatory approval. This will offer investors in both countries more convenient and informed access to secondary market activities.
This strategic alliance will also serve as a platform for sharing expertise and insights in key areas such as market and product development, regulatory and ESG practices, and IT capacity building. This exchange of knowledge will lay the groundwork for even deeper collaboration in the future.
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Supporting real economies through capital markets
The SZSE representative highlighted their commitment to fostering high-quality, two-way market access in recent years. The MoU signing presents a significant opportunity to collaborate on joint roadshows and promotional efforts. This partnership will further enrich cross-border investment and financing options, deepening practical cooperation between China and the UAE. Ultimately, this collaboration will strengthen the capital markets’ ability to support the real economies of both nations.
Unlocking global investment opportunities
For his part, Hamed Ali emphasized that the MoU with the Shenzhen Stock Exchange represents a crucial step in strengthening cross-border connections, fostering global investment opportunities, and improving market accessibility. He highlighted the potential for leveraging combined strengths to not only solidify ties between their financial ecosystems but also to create new avenues for growth and innovation, ultimately benefiting investors and stakeholders in both regions.
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