Nasdaq Dubai welcomes listing of US$600 million green bond by China Construction Bank

Nasdaq Dubai welcomes listing of US$600 million green bond by China Construction Bank

Nasdaq Dubai welcomes the listing of a USD 600 million green bond by China Construction Bank (DIFC Branch). The green bond issuance targets combating climate change, represents China Construction Bank’s significant commitment to sustainable financing and highlights the growing synergy in green financing between China and UAE.

To mark the issuance, H.E Li Xuhang, Consul-General of the People’s Republic of China in Dubai and Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM), rang the market opening bell at Nasdaq Dubai. 

The total value of bonds listed on Nasdaq Dubai by China Construction Bank, comprising the issuances by Hong Kong and Dubai branches, now stands at USD 2.45 billion. Notably, the cumulative value of outstanding debt from Chinese Issuers on Nasdaq Dubai stands at USD 11.95 billion, through 22 issuances. This listing brings Nasdaq Dubai's total value of ESG related issuances to USD 27.05 billion and contributes to a total value of debt listed on the exchange totaling USD 128.66 billion, positioning Nasdaq Dubai as a leading global hub for fixed income listings and a hotspot for sustainable financial instruments. 

H.E Li Xuhang, Consul-General of the People’s Republic of China in Dubai, highly appraised the remarkable performance of Chinese banking institutions