Tuesday, 02 January 2024 12:17 GMT

Kazakhstan, China's Companies Discuss Expansion Of Investment Cooperation


(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 3. Chairman of the Management Board of Samruk-Kazyna JSC Nurlan Zhakupov and Wang Shuguang, Vice Chairman of the Board of Directors and President of China International Capital Corporation (CICC), discussed the expansion of cooperation in investment and capital markets, Trend reports via Samruk-Kazyna.

The talks focused on further strengthening financial cooperation, including the implementation of a Memorandum of Understanding signed during the official visit of Hong Kong Chief Executive John Lee to Kazakhstan.

Zhakupov highlighted successful collaboration with CICC in the placement of Samruk-Kazyna's debut panda bonds, as well as the issuance of dim sum bonds by KazMunayGas JSC.

Particular attention was paid to preparations for the initial public offering (IPO) of Kazakhstan Temir Zholy JSC, scheduled for the end of 2026. The sides discussed engagement with international investors and the company's positioning in global capital markets.

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Trend News Agency

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