On September 3, at the Saudi Capital Market Forum - Shanghai Selected Session, Shanghai Stock Exchange Vice Chairman Huo Ruirong said that the Shanghai Stock Exchange will continue to deepen exchanges and cooperation with the Saudi Stock Exchange Group and work together to build more efficient and practical two-way docking platforms to create more exchange opportunities for listed companies, brokerage firms, funds and other institutions of the two countries. In September 2023, the Shanghai Stock Exchange and Saudi Stock Exchange Group signed a memorandum of cooperation to establish a normalized exchange and cooperation mechanism. Huo Ruirong revealed that in recent years, high-level visits and business exchanges between the two sides have continued. Market agency exchanges between the two countries are becoming more frequent, and the two sides are also deepening their understanding of each other's markets. “China and Saudi Arabia are important partners, and the joint construction of the 'Belt and Road' initiative is deeply connected with Saudi Arabia's 'Vision 2030'. The two countries have close economic and trade ties, and the scale of trade and investment is growing steadily. Cooperation in the fields of energy, infrastructure, and high technology has been fruitful, laying a solid foundation for the joint development of the capital market in the real economy.” Horizon said.

On September 3, at the Saudi Capital Market Forum - Shanghai Selected Session, Shanghai Stock Exchange Vice Chairman Huo Ruirong said that the Shanghai Stock Exchange will continue to deepen exchanges and cooperation with the Saudi Stock Exchange Group and work together to build more efficient and practical two-way docking platforms to create more exchange opportunities for listed companies, brokerage firms, funds and other institutions of the two countries. In September 2023, the Shanghai Stock Exchange and Saudi Stock Exchange Group signed a memorandum of cooperation to establish a normalized exchange and cooperation mechanism. Huo Ruirong revealed that in recent years, high-level visits and business exchanges between the two sides have continued. Market agency exchanges between the two countries are becoming more frequent, and the two sides are also deepening their understanding of each other's markets. “China and Saudi Arabia are important partners, and the joint construction of the 'Belt and Road' initiative is deeply connected with Saudi Arabia's 'Vision 2030'. The two countries have close economic and trade ties, and the scale of trade and investment is growing steadily. Cooperation in the fields of energy, infrastructure, and high technology has been fruitful, laying a solid foundation for the joint development of the capital market in the real economy.” Horizon said.