[The Saudi Capital Market Forum is held in Shanghai for the first time, and China-Saudi Arabia capital market cooperation exploration is moving forward steadily] September 4th, at the Saudi Capital Market Forum-Shanghai Selected Session held on September 3, Huo Ruirong, Vice Chairman of the Shanghai Stock Exchange, said that the Shanghai Stock Exchange will continue to deepen exchanges and cooperation with the Saudi Arabian Exchange Group and work together to build more efficient and pragmatic two-way docking platforms to create more exchange opportunities for listed companies, securities firms, funds and other market entities in the two countries. Huo Ruirong pointed out that China and Saudi Arabia are each other's important cooperative partners, and the joint construction of the "Belt and Road" initiative is deeply aligned with Saudi Arabia's "Vision 2030". The two countries have close economic and trade ties, the scale of trade and investment has grown steadily, and cooperation in energy, infrastructure, high-tech and other fields has yielded fruitful results, laying a solid foundation for the real economy for the coordinated development of capital markets. In September 2023, the Shanghai Stock Exchange and the Saudi Arabian Exchange Group signed a memorandum of cooperation to establish a normalized exchange and cooperation mechanism. This forum is the first special capital market event hosted by the Saudi Exchange Group in mainland China, bringing together more than 400 participants from Saudi, Chinese and international capital markets. (Reporter Wang Chen)