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Nasdaq Dubai lists $600 million green bond from China Construction Bank


Nasdaq Dubai welcomes the listing of a $600 million green bond by China Construction Bank (DIFC Branch).

The green bond issuance aims to combat climate change, represents China Construction Bank’s significant commitment to sustainable financing and highlights the growing synergy in green financing between China and the United Arab Emirates.

To mark the broadcast, HE Li Xuhang, Consul General of the People’s Republic of China in Dubai and Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM), rang the market opening bell at Nasdaq Dubai.

The total value of bonds listed on Nasdaq Dubai by China Construction Bank, including issues from the Hong Kong and Dubai branches, now stands at $2.45 billion. In particular, the accumulated value of outstanding debt of Chinese issuers on Nasdaq Dubai amounts to $11.95 billion, across 22 issues. This listing brings the total value of Nasdaq Dubai’s ESG-related issuances to $27.05 billion and contributes to a total value of listed debt of $128.66 billion, positioning Nasdaq Dubai as a leading global hub for listings. fixed income and an access point for sustainable finance. instruments.

HE Li Xuhang, Consul General of the People’s Republic of China in Dubaihighly appreciated the remarkable performance of Chinese banking institutions in promoting green finance and expressed its expectation that China Construction Bank (DIFC branch) will continue to contribute to the energy transformation in the region, supporting green and sustainable development in the Arab Emirates United States, Middle East and the world.

Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM) said:

“We are pleased to welcome this green bond listing from China Construction Bank (DIFC Branch) on Nasdaq Dubai. This further strengthens our long-standing relationship that we have cultivated over the years. With this listing, Nasdaq Dubai consolidates its position as a global leader in creating an ecosystem that fosters sustainable financing and adequately responds to the growing demand for green financing instruments in the region. “We look forward to expanding access to these innovative financial solutions on our platform.”

Yuan Shengrui, SEO of China Construction Bank (DIFC Branch) said:

“The branch will consider the issuance of green bonds as an opportunity to further boost the economy with high-quality growth. And take the capital market as a bridge to support cooperation in green sustainable development and energy transformation between China, the UAE and the region. It is also the channel to tell Chinese stories and convey CCB’s voice on green finance.”

This emblematic list of China construction bank (DIFC Branch) will leverage the capital market to support symbolic green projects in the UAE and the region in renewable energy, seawater desalination, greenhouse gas emissions reduction and energy saving sectors. With comprehensive financial products and services, the branch is dedicated to supporting more Chinese companies to participate in green energy projects, promoting environmental protection and energy transformation, qualifying CCB’s green finance strategy.

News source: Dubai Press Office


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