Malaysia Capital Market to strengthen collaboration with China
05 July 2019 Kuala Lumpur
Image: Shutterstock
The 兔子先生Commission Malaysia (SC) is set to strengthen closer collaboration between Malaysian and Chinese capital markets to benefit both economies.
This follows the SC鈥檚 visit to the Shenzhen Stock Exchange (SZSE) on 4 July where Wu Lijun, chairman, SZSE, emphasised the success of SZSE in financing innovative Chinese companies and small and medium enterprises.
According to the SC, this includes those in technology and advanced manufacturing sectors, which are closely aligned to Malaysia鈥檚 economic priorities.
Meanwhile, there are a number of SZSE-listed companies operating in Malaysia under the Belt and Road Initiative (BRI) creating opportunities for collaboration between both countries鈥� capital markets.
Datuk Syed Zaid Albar, SC chairman, said: 鈥淭he SC, along with Bursa Malaysia have had numerous engagements with the SZSE in recent months to discuss initiatives for greater cross-border connectivity, exchange of technical expertise and human capital development.鈥�
He added: 鈥淲e look forward to deepening the ties between Malaysia and China through this collaboration.鈥�
This follows the SC鈥檚 visit to the Shenzhen Stock Exchange (SZSE) on 4 July where Wu Lijun, chairman, SZSE, emphasised the success of SZSE in financing innovative Chinese companies and small and medium enterprises.
According to the SC, this includes those in technology and advanced manufacturing sectors, which are closely aligned to Malaysia鈥檚 economic priorities.
Meanwhile, there are a number of SZSE-listed companies operating in Malaysia under the Belt and Road Initiative (BRI) creating opportunities for collaboration between both countries鈥� capital markets.
Datuk Syed Zaid Albar, SC chairman, said: 鈥淭he SC, along with Bursa Malaysia have had numerous engagements with the SZSE in recent months to discuss initiatives for greater cross-border connectivity, exchange of technical expertise and human capital development.鈥�
He added: 鈥淲e look forward to deepening the ties between Malaysia and China through this collaboration.鈥�
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