BAKU, Azerbaijan, June 3. Chairman of the
Management Board of Samruk-Kazyna JSC Nurlan Zhakupov and Wang
Shuguang, Vice Chairman of the Board of Directors and President of
China International Capital Corporation (CICC), discussed the
expansion of cooperation in investment and capital markets,
Trend reports via
Samruk-Kazyna.


The talks focused on further strengthening financial
cooperation, including the implementation of a Memorandum of
Understanding signed during the official visit of Hong Kong Chief
Executive John Lee to Kazakhstan.


Zhakupov highlighted successful collaboration with CICC in the
placement of Samruk-Kazyna’s debut panda bonds, as well as the
issuance of dim sum bonds by KazMunayGas JSC.


Particular attention was paid to preparations for the initial
public offering (IPO) of Kazakhstan Temir Zholy JSC, scheduled for
the end of 2026. The sides discussed engagement with international
investors and the company’s positioning in global capital
markets.







China International Capital Corporation is one of China’s
leading investment banks. The company operates more than 200
offices across China and maintains a global network of
representative offices and subsidiaries in Hong Kong, New York,
London, Singapore, Frankfurt, Tokyo, Vietnam and Dubai.


As part of the visit of Hong Kong Chief Executive John Lee to
Kazakhstan, a Memorandum on cooperation with Hong Kong financial
markets was signed between Samruk-Kazyna and China International
Capital Corporation Hong Kong Securities Limited. The document is
aimed at strengthening cooperation with Chinese partners and Hong
Kong financial institutions ahead of the planned IPO of Kazakhstan
Temir Zholy JSC.


In addition, a Memorandum of Understanding was signed between
Air Astana and China International Capital Corporation, providing
for the development of cooperation in capital markets, investment
attraction, and strategic financial advisory services.