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ABU DHABI / WAM
The number of Chinese investors in the UAE’s money markets reached 817 as of end of 2017, and value of their trades exceeded AED900 million, according to official statistics of over 15 Chinese investment institutions in the UAE.
In 2017, the numbers of buy and sell deals by Chinese investors in the Dubai Financial Market (DFM) reached 4,543, totalling 159.13 million shares, valued at AED326 million.
Regarding the market, Hassan Al Serkal, Chief Operating Officer and Head of the Operations Division at DFM, said, “The market is large and diverse and has over 840,000 investors representing over 200 countries.â€
“Registered Chinese investors, who number 566, own 76.2 million shares in companies listed in the market,†he added.