The Dubai Financial Market said in a statement on Monday that the partnership agreement between the two parties opens the door to the development of joint products, such as indices, exchange-traded funds, and other areas.
The agreement also aims to facilitate the exchange of knowledge, expertise and information and enhance efficiency and transparency between the two markets, according to the statement.
The statement indicated that Dubai Financial Market The Shanghai Stock Exchange also plans to develop and launch products related to environmental, social and government sustainability.
The cooperation agreement also aims to introduce companies and bond issuers to the advantages of dual listing and enable them to access growth opportunities in both markets.