The Malta Stock Exchange organised a business development visit to Beijing and Shanghai in China to promote the Maltese capital market and the Maltese financial sector to Chinese entities and practitioners.
The delegation, led by Minister for Finance Edward Scicluna also included Chairman Joseph Portelli and other executives of the Malta Stock Exchange, as well as key representatives from a number of law firms, who had the opportunity to meet key legal and audit Chinese practitioners and speak about the Maltese financial services sector and the opportunities that may be available to these influential and leading stakeholders.
Highlights of the visit were meetings with the Chairman of the Bank of China in Beijing, as well as the President and other senior executives of the Shanghai Stock Exchange. Both these influential and important organisations agreed to investigate areas for business development and cooperation with Malta and it is hoped that these meetings will lead to concrete and positive outcomes for the Maltese financial sector and the Malta Stock Exchange. There is clearly huge potential for the involvement of Maltese financial services in the Chinese market, and the Exchange will be following up on this as well as other overseas initiatives which are designed to increase the level of international business.