MSX signs cooperation deals with China's top exchanges

10/09/2025 04:27 AST

The Muscat Stock Exchange (MSX) has signed two Memoranda of Cooperation with the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE), as part of its efforts to strengthen international partnerships and develop Oman's capital market.

The agreements with China's top stock exchanges aim to enhance the Omani capital market's position at both regional and global levels, the MSX said in a statement.

The memoranda are intended to foster collaboration in several key areas, including the exchange of information, knowledge, and expertise related to capital markets; the development of joint listing mechanisms; sharing experiences in financial technology (Fintech); and cooperation in investor education and awareness.

The agreements also cover the exchange of studies and research of mutual interest, staff secondments, and exploring opportunities in innovative financial products and services that support Oman's diversification strategies and the growth of its capital market.

The signing ceremony was attended on behalf of the MSX by its CEO Haitham Salem al Salmi, alongside senior officials from both SSE and SZSE. Attendees highlighted the importance of these partnerships in building strong bridges of cooperation between the capital markets of Oman and China.

Commenting on the occasion, Salmi said, "The signing of these memoranda with the Shanghai and Shenzhen Stock Exchanges marks a strategic milestone in MSX's journey towards greater integration with global capital markets. These partnerships will enable the exchange of expertise, foster innovation, and create new opportunities for investors, positively contributing to the development of Oman's capital market and reinforcing its position as a competitive financial hub at both regional and international levels. This collaboration reflects the shared commitment of all parties to strengthen strategic cooperation and seize cross-border investment opportunities."

The memorandum with the Shenzhen Stock Exchange, in particular, represents a significant step forward in expanding MSX's international relations and broadening access to global markets, enhancing Oman's appeal to international investors, Salmi said.

"By leveraging our combined strengths with both SSE and SZSE, we will deepen the links between our financial systems, create an enabling environment for promising growth opportunities, and pave the way for greater innovation - benefiting investors and stakeholders on both sides," he added.

The Shanghai and Shenzhen Stock Exchanges are among the world's top ten exchanges by market capitalisation. In the first half of 2025, SSE recorded a market capitalisation of $7.62tn, while SZSE reached approximately $4.88tn, according to statistics from the World Federation of Exchanges (WFE). In terms of trading activity, SSE posted a trading value of around $8.79tn, whereas SZSE surpassed this, reaching $13.63tn during the same period.

Muscat Daily