Al-Rumaih seeks to boost Saudi China ties via markets

Mohammed Al-Rumaih, CEO of Tadawul Saudi Exchange, announced that the company aims to strengthen the connection between the Saudi and Chinese financial markets by expanding financing opportunities and facilitating direct access to the Saudi market. This effort is part of ongoing initiatives to enhance cooperation between the two markets, considering that the Saudi market has been fully open to foreign investors since 2015, in order to boost investment flows and increase market liquidity, which now exceeds $2.5 trillion and includes more than 300 listed companies. He also noted that bilateral collaboration has led to the launch of exchange-traded funds in Shanghai and Riyadh, as well as the expansion of links between stock and bond markets, with expectations that this will enable investors to access new sources of capital and develop a more integrated financial environment between the two countries.

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