Chongwa (Macao) Financial Asset Exchange Co., Ltd. (MOX) and Dongxing Securities Co., Ltd. recently signed a framework business cooperation agreement at the Beijing Financial Street Center, marking a step toward strengthening the local bond market in Macau.
The agreement was signed by Mex Zhang, executive chairman and president of MOX, and Wang Hongliang, general manager of Dongxing Securities.
According to MOX’s statement, the partnership aims to leverage Dongxing’s extensive domestic client base and expertise in bond underwriting and insurance, alongside MOX’s comprehensive bond-related services, to deepen and expand Macau’s bond market.
Dongxing Securities, a leading Chinese investment bank and brokerage firm established in 2008 as a spin-off from China Orient Asset Management, is well-known as a component of the SSE 50 and CSI 100 indexes.
Dongxing Securities’ unique position as China’s first asset management-listed securities company was highlighted by Wang, offering comprehensive capabilities as a leading national securities firm.
According to the statement, he also expressed confidence that the partnership with MOX would enable domestic enterprises to access diversified international financing opportunities.
Meanwhile, Zhang emphasized MOX’s strong commitment to aligning with Macau SAR government policies and leveraging its platform as a premier overseas bond listing venue. He noted that this collaboration would also elevate financial cooperation between Macau and the Mainland.
MOX is Macau’s first financial trading institution to provide a full range of bond services, encompassing registration, custody, trading, settlement, issuance, and listing.
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