Tiantai and Zhongtai International Reach a Strategic Cooperation with Nasdaq Dubai Stock Exchange

On August 25, 2020, Tiantai Law Firm Shanghai Branch (hereinafter referred to as "Tiantai"), Zhongtai Financial International Co., Ltd. under Zhongtai Securities (hereinafter referred to as "Zhongtai International") and Nasdaq Dubai Stock Exchange in Dubai held an online signing ceremony of strategic cooperation agreement. Director Tao AN, Senior Partner Guodong RAO of Tiantai Shanghai Branch, Chairman and President Feng GAO, Director of Investment and Financing Dong HAN, Managing Director of Bond Capital Market Department Li WAN of Zhongtai International, CEO of Nasdaq Dubai Stock Exchange Hamed Ali, Head of Business Development Tahir Mahmood, and Director of Strategic Cooperation in China Huimin QIU attended the ceremony.

Online signing ceremony

Tiantai, Zhongtai International and Nasdaq Dubai Stock Exchange have strategic similarities and business complementarities. Nasdaq Dubai Stock Exchange can, with its unique geographical advantages in the Middle East, Africa and West Asia, diversified financing services, abundant investor reserves and extensive resource channels, provide Chinese-funded enterprises with brand-new listing paths and fundraising methods, help Tiantai and Zhongtai International continuously enrich the means of customer services and product library, and offer a broader platform and space for Tiantai and Zhongtai International to realize globalization of their business.

Tiantai and Zhongtai International, which are Chinese-funded and have the goal of global development, will make full use of their resources accumulation and experience advantages in serving domestic enterprises and individual customers, and carry out all-round cooperation with Nasdaq Dubai Stock Exchange to accelerate the listing and trading of more high-quality stocks and bonds of Chinese enterprises on Nasdaq Dubai Stock Exchange. At the same time, Tiantai and Zhongtai International will introduce more diversified investors to Nasdaq Dubai Stock Exchange to continuously enrich the trading assets and investor reserves of the Exchange.

With this signing ceremony, a foundation will be laid for the all-round and multi-level strategic cooperative relationship among the three parties, so that they will further carry out international cooperation in various fields such as stock capital market, bond capital market, fixed income product market and brokerage business.

Nasdaq Dubai Stock Exchange, located in Dubai International Financial Center, is a multi-currency exchange which supports listings in multiple currencies such as RMB, US dollar, euro and British pound, and connects international financial transactions in Western Europe and East Asia. At present, the securities listed on the Exchange include stocks, derivatives, Sukuk (Islamic bonds), traditional bonds and real estate investment trusts (REITS). Since 2014, the Exchange has listed 19 Chinese corporate bonds, with a total amount of USD 11.3 billion.

Zhongtai International is an investment bank and a fully licensed international financial holding group registered in the Hong Kong Special Administrative Region. Following a financial holding company model, it establishes various wholly-owned business subsidiaries to engage in securities, futures, enterprise listing, bond issuance, asset management, insurance brokerage and other financial businesses under regulation of the Hong Kong Securities and Futures Commission. In recent years, Zhongtai International has sprung up in the Hong Kong market because of its excellent professional competence and execution efficiency. Given its excellent investment ability, strong sales system, one-stop all-round investment and financing service ability and excellent relations with the government and investors, Zhongtai International ranks in the forefront among Hong Kong investment banks in many businesses such as IPO, bond issuance and underwriting, asset management, cross-border mergers and acquisitions, and FICC.