Nurlan Zhakupov, Chairman of the Management Board of Samruk-Kazyna, held a meeting with Wang Shuguang, Vice Chairman of the Board of Directors, President and Member of the Management Committee of China International Capital Corporation (CICC). The parties discussed prospects for strengthening long-term cooperation and the potential entry of Kazakhstan’s sovereign wealth fund into China’s bond market, DKNews.kz reports.
The talks marked another step toward deepening financial and economic ties between Kazakhstan and China. Particular attention was paid to opportunities for expanding cooperation in RMB financing, which is gaining importance amid shifts in global capital markets.
Strategic Interest in China’s Capital Market
For Samruk-Kazyna, diversifying funding sources and expanding its presence in international capital markets remain key strategic priorities. In this context, exploring access to China’s bond market is seen as a logical and forward-looking move, reflecting the growing role of China in the global financial system.
RMB-denominated financing could provide the fund with greater flexibility, more diversified borrowing instruments, and closer cooperation with major Asian financial institutions. Experts note that such steps also strengthen Kazakhstan’s broader financial integration with Asian markets.
CICC: A Flagship of China’s Financial Sector
China International Capital Corporation Limited (CICC) is one of China’s leading investment banks. Founded in 1995, the company provides a wide range of services, including investment banking, brokerage, asset management, and financial advisory.
CICC is headquartered in Beijing and operates an extensive network of offices across China, as well as representative offices in major international financial centers worldwide. The firm plays a significant role in both domestic and cross-border capital market transactions and is considered a key player in China’s investment banking sector.
A New Phase of Financial Cooperation
Analysts view Samruk-Kazyna’s interest in China’s bond market as part of a broader trend toward closer financial cooperation between Kazakhstan and Asian economies. As global capital markets continue to evolve, such partnerships allow national institutions to mitigate risks and gain access to new funding opportunities.
Following the meeting, both sides expressed mutual interest in continuing dialogue and further elaborating concrete areas of cooperation. These initiatives could give new momentum to investment and financial partnerships between Kazakhstan and China.
