LuxSE enters new market in Macau

en

The Luxembourg Stock Exchange (LuxSE) today signed a Memorandum of Understanding with Chongwa (Macao) Financial Asset Exchange Co., Ltd. (MOX) in Macau.

<< Back
13/01/2020 |
  • Robert Scharfe Macau (002)

The agreement marks the beginning of a fruitful cooperation between the two parties, with a specific focus on promoting cross-border investment and liquidity for offshore RMB-denominated financial products.

Building bridges

The Memorandum of Understanding is the first agreement of its kind entered into by LuxSE and MOX, and is testament to the increasing importance of the financial developments in the Greater Bay Area.

“As we move into a new decade, LuxSE is proud to partner with MOX and continue our mission to establish links between capital markets and the international investor community. This agreement reflects LuxSE’s strategy of expanding our international footprint and cooperate with selected exchanges across the world,” stated Robert Scharfe, CEO of LuxSE.

New decade and new initiatives

Macau is an autonomous region on the south coast of China, across the Pearl River Delta from Hong Kong. The Chongwa (Macao) Financial Asset Exchange is Macau’s only exchange and was formally established in 2018. In the past two years, MOX has rapidly expanded to include issuers such as the Chinese Ministry of Finance.

MOX is the only institution in Macau to facilitate bond issuance, as well as trading and settlement services.

“This is not only a step forward for MOX's internationalisation, but also a key step for MOX, as a financial infrastructure in Macau, to actively cooperate with an important European partner to promote the development of the Macao bond market and push forward Macau’s diversified economy,” commented Mex Zhang, Executive Chairman and President of MOX.

Back to top  | << Back

Communiqués liés

Julie Becker Laetitia Hamon LuxSE (002)
15/09/2020

LuxSE launches unique data hub for sustainable finance

The Luxembourg Stock Exchange (LuxSE) today marked the go-live of the LGX DataHu...

Bourse de Luxembourg
Gov bond at LuxSE Gramegna Scharfe (002)
14/09/2020

Europe’s first sovereign sustainability bond listed on Lux...

The Luxembourg Stock Exchange (LuxSE) celebrated today’s listing of Europe’s...

Bourse de Luxembourg
LuxSE Arnaud Delestienne (002)
01/09/2020 Personnalités

Arnaud Delestienne to join top management of LuxSE

The Luxembourg Stock Exchange (LuxSE) today announced the appointment of Arnaud ...

Bourse de Luxembourg
Laetitia Hamon LuxSE (002)
15/07/2020 Personnalités

LuxSE appoints Laetitia Hamon as Head of Sustainable Finance

The Luxembourg Stock Exchange (LuxSE) today announced the appointment of Laetiti...

Bourse de Luxembourg
Julie Becker (002)
09/07/2020

Belgian real estate developer Ghelamco joins LGX

The Luxembourg Stock Exchange (LuxSE) has the pleasure to announce the listing o...

Bourse de Luxembourg
Julie Becker (002)
25/06/2020

ThomasLloyd brings sustainable infrastructure fund to LGX

The Luxembourg Stock Exchange (LuxSE) today marked the listing of ThomasLloyd SI...

Bourse de Luxembourg

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more