Malaysian and Chinese market regulators discussed cross-border investment and capital raising opportunities such as exchange-traded funds and dual listings at recent meetings in Beijing.
According to Securities Commission Malaysia (SC), the meetings with Chinese regulators, including China Securities Regulatory Commission and the State Administration of Foreign Exchange, underscored “a shared commitment to advancing regulatory cooperation and market connectivity”.
The Malaysian delegation included Mohammad Faiz Azmi, chairman of the SC, Faizal Fadhil, chief representative of the central bank’s office in Beijing, and Fad’l Mohamed, chief executive officer of stock market operator Bursa Malaysia.
The regulators focused on “accelerating capital market linkages between Malaysia and China, with an emphasis on unlocking new investment flows, strengthening institutional partnerships and expanding avenues for cross-border capital raising”, the SC says in a statement on April 18.
They explored opportunities in product innovation and market development, including enhanced Chinese participation in cross-border exchange-traded funds, potential dual listings, and expansion of Islamic capital market offerings like sukuk or Islamic bonds.
The SC says the delegation also engaged with Chinese institutional investors. The list included sovereign wealth fund China Investment Corporation and asset managers China Asset Management Company, E Fund Management, Harvest Fund Management, Yanhua Asset Management Company, and China Southern Asset Management.
