Latest news with #CapitalMarketSummit2025
Korea Herald
13-05-2025
- Business
- Korea Herald
TWSE Deepens Middle East Ties; Chairman Sherman Lin Leads Delegation to UAE, Signs MoU with Dubai Financial Market
TAIPEI, May 13, 2025 /PRNewswire/ -- Taiwan Stock Exchange (TWSE) Chairman and CEO Sherman Lin led a delegation to the United Arab Emirates from May 4 to 10 to expand engagement with Middle Eastern markets and showcase Taiwan's capital market strengths. The delegation met with local exchanges, sovereign wealth funds, asset managers, and custodian banks, culminating in the signing of a Memorandum of Understanding (MoU) with the Dubai Financial Market. The MoU focuses on cross-border product listings, joint market promotion, and information exchange. Discussions also covered potential dual-listed ETFs and co-developed financial products. "The Middle East is strategically important to Taiwan's capital market internationalization," said Lin. "We aim to foster deeper cooperation and broader investor engagement." The TWSE also held follow-up meetings with the Abu Dhabi Securities Exchange (ADX), building on a cooperation MoU signed in 2007. A visit to ADX last October extended dialogue on cross-border ETF listings and other collaborative opportunities. Capital Market Summit and strategic dialogue During the visit, Lin spoke at the Capital Market Summit 2025, hosted by the Dubai Exchange. He joined a panel titled "Bridging Borders: Cross-Border Capital Flows" alongside representatives from the Dubai Financial Market, Bahrain Bourse, and Nasdaq, where he addressed the regulatory challenges surrounding cross-border capital movement, its potential benefits, and the TWSE's ongoing efforts to facilitate cross-market initiatives. Lin underscored how Taiwan and Middle Eastern markets are highly complementary. "Cross-border financial products and capital engagement offer long-term, mutually beneficial opportunities for both sides," Lin emphasized. He added that ETF cross-listings have emerged as an effective model, with a Taiwan-Japan product collaboration expected to launch later this year. This marked Lin's second visit to the region, following an outreach in October 2024, and reflects the TWSE's continued commitment to expanding international investor engagement. Highlighting Taiwan's market strengths In addition to meeting the region's two major stock exchanges, the delegation met with over a dozen local financial institutions and sovereign wealth funds to promote Taiwan's market. Chairman Lin highlighted Taiwan's central role in the global AI supply chain, with its semiconductor sector driving a surge in market cap and trading volume in 2024. He also noted Taiwan's resilience during global equity selloffs in April 2025. While most markets declined due to renewed tariff concerns, Taiwan's benchmark index was among the first to rebound—demonstrating market resilience and investor confidence. Lin also welcomed input from foreign investors on improving Taiwan's market mechanisms. Foreign investment momentum Foreign investors hold over 40% of outstanding shares and contribute more than 30% of daily trading. Despite global volatility in 2025, the TWSE index has gained 20% since early April, with average daily turnover exceeding TWD 300 billion ($9.8 billion). Through this outreach, the TWSE aims to strengthen market connectivity, attract capital and product flows, and enhance Taiwan's global capital market presence. About TWSE The Taiwan Stock Exchange (the "TWSE") started operations on February 9, 1962. The TWSE is responsible for operating and advancing the Taiwan securities market. The TWSE's primary business operations include listing, trading, settlement, and surveillance. These comprise listing promotion and review, post-listing supervision and corporate governance, maintaining market trading and order, securities firms' services, investor protection, clearing and settlement operations, safeguarding against market defaults and the monitoring of illegal transactions. The Exchange provides comprehensive services to the securities market.
Business Recorder
08-05-2025
- Business
- Business Recorder
Dubai on track to become top four global financial hub
Dubai's capital markets are playing a pivotal role in advancing the Emirate's ambition of becoming a global top four financial hub, largely driven by foreign investor activity, according to a new report published by HSBC in the UAE. 'Strategy to Scale: Dubai's Blueprint for Capital Market Growth' report, unveiled at the Capital Market Summit 2025, hosted by Dubai Financial Market (DFM), outlines how the fast-moving internationalisation of its equity and debt capital markets combined with an expansive structural reform agenda are bringing Dubai closer to its goal of being recognised among the world's top financial hubs, parallel to its goals outlined under D33 economic vision. Mohamed Al Marzooqi, CEO, UAE, HSBC Bank Middle East said, 'The sheer pace of change driving Dubai's capital markets growth requires consistent and clear guidance for new investors, particularly as an accelerating influx of institutional capital from right across the investment spectrum seeks to navigate and harness the region's dynamic opportunities,' he was quoted as saying by Arabian Business. Between 2016 to 2024, the DFM provided investors with higher returns than the broader MSCI EM Index, achieving a 4.9 per cent annualised US dollar return compared to 2.8 per cent for the broader emerging markets index. Foreign investors accounted for half of all trading on the DFM at the end of 2024 and represented 85 percent of all investors that registered with DFM in 2024, reflecting Dubai's international appeal, added the report. In 2024, the number of wealth and asset managers operating in Dubai International Financial Centre (DIFC) rose 16 percent year-on-year to 410, including 75 hedge funds of which 48 have more than $1billion under management, underscoring the changing shape of international investors, added the report. According to Dubai's Department of Economy and Tourism's (DET) FDI Monitor, venture-capital-backed FDI surged by 39% in 2024, a strong indicator of international investor confidence and Dubai's maturing innovation infrastructure. Dubai was also ranked in the top five cities for fintech in the latest edition of recent Global Financial Centre Index (GFCI) rankings. In 2024, Dubai accounted for 2.2 percent of global IPO volumes. According to the report, Dubai's debt capital markets are not only flourishing for its own credit universe, but for the world's, underpinned by an expanding DCM universe of local and international issuers. With one of the most developed debt capital markets in the MENA region, Nasdaq Dubai's growth as a global listing venue is encouraging more international issuers to bring deals to the Middle East, especially from Asia. Chinese corporations are increasingly turning to Dubai, with over $22 billion in debt on the exchange at the end of 2024. The past year also saw the value of outstanding Sukuk listed across Nasdaq Dubai and DFM reach $97.8 billion. Sukuk issuance across all currencies rose 42 percent year-on-year to $4.71 billion in Q1 2025, accounting for 76 percent of all debt capital market activity on Nasdaq Dubai during the period. Dubai's attractiveness as a listing destination is underscored by the fact that non-UAE fixed income issuers accounted for a full 45 percent of fixed income listings outstanding on the exchange in 2024, added the report.
Hi Dubai
08-05-2025
- Business
- Hi Dubai
Nasdaq Dubai and AIX CSD Launch Direct Link to Boost Cross-Border Trading
Nasdaq Dubai and Astana International Exchange's Central Securities Depository (AIX CSD) have launched a direct link between their markets, in a move aimed at boosting cross-border investment and streamlining the trading of dual-listed securities. The announcement was made at the Capital Market Summit 2025, hosted by Dubai Financial Market. The new CSD link allows investors to hold and trade dual-listed securities seamlessly across both the UAE and Kazakhstan. It marks a major step in enhancing post-trade infrastructure and improving market accessibility between the two regions. As part of a memorandum of understanding, Nasdaq Dubai and AIX CSD will collaborate to enable smoother settlement and increased fungibility of cross-listed shares. This infrastructure will allow market participants to transfer and settle securities efficiently within either depository, supporting greater liquidity and operational efficiency. Hamed Ali, CEO of Nasdaq Dubai and DFM, called the partnership 'a significant advancement' in regional capital markets integration. He emphasized that the initiative enhances Dubai's position as a global financial hub and opens new avenues for capital raising and investor participation. Assel Mukazhanova, CEO of AIX, noted that the link is 'issuer and investor driven,' underscoring the growing demand for deeper connectivity between the GCC and Central Asian markets. The partnership reflects a broader push to align regional exchanges with global standards while encouraging more cross-border listings and investment flows. By strengthening economic ties and modernizing infrastructure, both markets aim to position themselves as strategic gateways for international capital. This initiative represents a critical milestone in financial cooperation between the UAE and Kazakhstan, setting the stage for increased market integration and long-term growth in regional capital markets. News Source: Emirates News Agency
Hi Dubai
08-05-2025
- Business
- Hi Dubai
UAE Capital Markets Show Resilience Amid Global Volatility: Emirates NBD
UAE capital markets continue to demonstrate strong performance despite global uncertainties, driven by a growing influx of high-net-worth individuals and global asset managers, according to Prasad Chari, Senior Managing Director of Equity Capital Markets at Emirates NBD. Speaking at the Capital Market Summit 2025, Chari highlighted the sector's resilience in navigating challenging economic conditions. Chari emphasized the significant role of local and regional investors, whose long-term investment strategies have strengthened the UAE's ability to absorb new market offerings. This has allowed the capital markets to maintain stability despite rising interest rates and global economic pressures. In his analysis, Chari pointed to the success of several high-profile IPOs, including those of DEWA, TECOM, Dubai Taxi, and Spinneys. These offerings, launched amid global market turbulence, reinforced investor confidence and showcased the strength of the domestic market. While the pace of IPOs in 2025 has been slower compared to the previous year, Chari noted that the market remains active through other operations such as voluntary takeover bids, block trades, and specialized offerings. These activities are enhancing market liquidity and fostering greater investor participation. Looking ahead, Chari expressed optimism for the second half of the year, with expectations for larger capital raises, particularly from upcoming offerings. The UAE capital market's adaptability to global shifts and its sustained growth signal a promising future for investors and businesses alike. News Source: Emirates News Agency
Al Etihad
07-05-2025
- Business
- Al Etihad
UAE capital markets show growing resilience amid global volatility, says Emirates NBD executive
7 May 2025 22:46 DUBAI (WAM)The capital markets in the UAE are demonstrating increasing resilience in the face of various global volatilities, according to Prasad Chari, Senior Managing Director, Equity Capital Markets at Emirates statements to WAM, given on the sidelines of the Capital Market Summit 2025, Chari said that the growing influx of high-net-worth individuals and global asset managers relocating to the UAE is directly boosting the country's capital markets and their explained that the long-term investment perspective of local and regional investors has bolstered the capacity of domestic and regional capital markets to absorb new offerings even amidst challenging reviewed several initial public offerings (IPOs) in recent years, such as DEWA, TECOM, Dubai Taxi, and Spinneys, which took place during periods that witnessed major global events and rising interest rates, yet they proceeded and proved emphasised that the market has continued its strong performance under various conditions, thanks to the confidence established among investors and the pace of IPOs during the current year, Chari pointed out that the UAE market has so far witnessed one listing and the offering of a Real Estate Investment Trust (REIT). However, he noted that the market has been active in terms of other operations such as voluntary takeover bids, block trades, and speciality offerings, all of which contribute to increasing liquidity and enhancing investor participation. The pace of IPOs may not be the same as last year in terms of number, he said, but it will be similar or greater in terms of the volume of capital to be raised, especially with anticipated offerings before and after the summer season.
