Shanghai Stock Exchange and Qatar Stock Exchange Signed a Memorandum of Understanding

Recently, the Shanghai Stock Exchange (SSE) signed a Memorandum of Understanding (MOU) with the Qatar Stock Exchange (QSE) to further strengthen business cooperation and communications between their capital markets.

Qatar was one of the first countries to support and join the Belt and Road Initiative and established the region’s first Renminbi Clearing Center in Doha in 2015. The SSE stated that in recent years, the friendly relations and areas of cooperation between China and Qatar have been deepening, resulting in fruitful economic and trade cooperation between the two countries. The SSE expressed its pleasure in establishing a partnership with the QSE and looks forward to deepening communications and exploring cooperation opportunities in areas such as ETFs, data, index products, and collaborative efforts in sustainable development initiatives. The QSE expressed hope that by signing the MOU with the SSE, both parties could integrate their businesses to promote joint innovation and growth in their capital markets. This MOU signifies the QSE's further development in China, allowing it to explore new services and products, and uncover relevant cooperation opportunities to achieve mutual benefits for listed companies and investors, thereby better meeting the needs of local and global investors. Moving forward, the SSE, under the unified deployment of the China Securities Regulatory Commission, will continue to promote reform through openness and further explore diversified cooperation mechanisms with exchanges in the Middle East. It aims to strengthen bilateral cooperation, explore multilateral cooperation, continuously enrich the forms of collaboration, deepen cooperation content, and further facilitate the smooth and orderly advancement of high-level and institutional opening-up.