ADX and Shenzhen Stock Exchange sign MoU for strategic partnership and collaboration

ADX and Shenzhen Stock Exchange sign MoU for strategic partnership and collaboration

Abu Dhabi/Shenzhen: The Abu Dhabi Securities Exchange (ADX), the 2nd largest exchange in the Middle East, and the Shenzhen Stock Exchange (SZSE) signed a Memorandum of Understanding (MoU) today during the Shenzhen delegation’s visit to ADX in the capital of the UAE. This development is part of ADX's ongoing efforts and initiatives to strengthen relationships with leading global financial institutions, including the recent agreement with the New York Stock Exchange (NYSE).

The ADX-SZSE MoU focuses on bolstering cross-border index and ETF cooperation, as well as exploring international financing opportunities. Both exchanges will look into Joint Market Promotion, Exploration of Cross-border Financing of Listed Companies, Research on the Feasibility of Fixed-Income Product Cooperation, and Experience Sharing in Market Development and Capacity Building.

These initiatives are in close alignment with ADX's strategy to attract more global investors and to solidify its position as a vital and preferred investment destination in the international financial market.

Commenting on the signing, Abdulla Salem Alnuaimi, Chief Executive Officer of ADX, said: “The collaboration with SZSE signifies yet another milestone in ADX's global integration journey. This MoU establishes a foundation for enhanced cooperation and innovation, unlocking new prospects for investors and stakeholders in the Chinese mainland. ADX and SZSE will