China Securities opens Dubai office in DIFC to serve Middle East investors

China Securities has opened a regional office in Dubai International Financial Centre (DIFC), Gulf News reported. The Beijing-headquartered investment bank now has a base to serve clients and investors across the Middle East. The office follows licensing by the DIFC Authority.

Why did China Securities open a Dubai office in DIFC?

China Securities wants a regional base for international expansion and for dealing with Middle East investors. The Dubai office will support its work with clients, investors and financial institutions. It will also strengthen links between Chinese, UAE and international capital markets.

What approvals does the China Securities Dubai office have?

The publicly listed firm has received a licence from the DIFC Authority. It has also been authorized by the Dubai Financial Services Authority.

The move follows sustained engagement between DIFC and China Securities. The financial center has worked with the bank on opportunities available through Dubai and the wider regional market.

What does China Securities do?

China Securities operates across equity and debt capital markets, investment banking, asset management and institutional services. Its presence in DIFC also supports its engagement with investors across the Middle East.

Which Chinese banks are in DIFC?

China Securities is the latest Chinese investment bank to establish a presence in DIFC. It joins Agricultural Bank of China, Bank of China and Bank of Communications.

The group also includes China Construction Bank, China International Capital Corporation, China Merchants Bank International, and Industrial and Commercial Bank of China.

China's five largest banks together account for more than 30% of total assets in DIFC's Banking and Capital Markets sector.