Macau’s bond market ecosystem to increase attractiveness – MOX representative

The SAR’s bond market has been developing steadily over the past four years and is set to reach a higher level in the near future, said Carlos Fan, Marketing Director of Chongwa (Macao) Financial Asset Exchange CO.,Ltd. (MOX).

He was talking on Wednesday at the France Macau Chamber of Commerce Breakfast Talk Rendez-Vous “Exploration and Innovation in Macau’s Bond Market”.

Carlos Fan said the product portfolio is set to be more diversified with newcomers listing and issuing of bonds via Macau. International cooperation is also taking shape, he added, noting that with the support of the Government the overall Macau ecosystem will become more attractive.

Carlos Fan noted that since its establishment in 2018, MOX has provided services to 98 issuers, while some 146 bonds have been listed in the SAR, involving operations amounting to more than MOP350 billion.

MOX has also been promoting international ties. Earlier this year, it signed an agreement with the Luxembourg Stock Exchange (LuxSE) focused on the bond market and green finance so as to provide a new model for international financial cooperation along the Belt and Road.