ChinaAMC's MOU with Oman Government Marks New Era of Financial Collaboration

ChinaAMC Signs MOU with Oman Government Delegation

On September 4, 2025, China Asset Management Co. (commonly known as ChinaAMC) took a significant step in enhancing financial collaboration in the Gulf region by signing a Memorandum of Understanding (MOU) with a delegation from the Oman government. This meeting, hosted at ChinaAMC's headquarters in Beijing, brought together key representatives from various sectors, including regulatory bodies, stock exchanges, sovereign wealth funds, and asset management firms.

The event marked a notable occasion as senior management from the Oman Investment Authority, Mars Development and Investment, and other institutions engaged in direct discussions with their counterparts at ChinaAMC. The pivotal moment was witnessed by high-ranking officials from both parties as ChinaAMC CEO Li Yimei and Jabal Asset Management CEO Evgeny Korovin signed the MOU, thereby formalizing bilateral investment projects aimed at fostering closer economic ties between China, Oman, and other Gulf States.

This MOU is a continuation of previous efforts as ChinaAMC has already made strides in the region. In late 2024, the company collaborated with Jabal Asset Management to introduce the Loong Fund, which provided investors access to the Chinese equity market. This fund not only illustrated ChinaAMC's competencies but also positioned it as a pioneering investment partner for the Oman government, which is particularly noteworthy given that Jabal Asset Management serves as a wholly-owned subsidiary of the Oman government.

During the five-day visit, the Oman delegation took part in various high-level meetings across key cities such as Hong Kong, Shenzhen, Shanghai, and Beijing. This included scheduled discussions with influential Chinese financial institutions, regulators, and local government bodies. The overarching goal of these meetings was to explore potential investment opportunities and frameworks that could benefit both nations.

As part of its strategic role, ChinaAMC's representatives provided insight and guidance to the Oman delegation about the Chinese financial landscape. They participated in all meetings, illustrating the growing rapport and trust between the two nations' financial sectors.

Founded in April 1998, ChinaAMC is recognized as one of the pioneers in mutual fund management within China, boasting a rich history and expansive growth. With total assets under management (AUM) exceeding RMB 3.03 trillion (approximately USD 423.5 billion) by mid-2025, ChinaAMC has established itself as one of the largest asset managers in the country. The company is widely respected for its innovative products and comprehensive investment solutions that cater to various risk profiles.

Furthermore, ChinaAMC has retained its position as the largest exchange-traded fund (ETF) manager in China, leading the market for 20 straight years with an asset base exceeding RMB 750 billion. These statistics further underline the company's commitment to excellence and its capability to facilitate significant bilateral investments.

Overall, this new partnership with Oman signifies an important advancement in bilateral relations and showcases the commitment of both countries to building a robust economic landscape. As Oman seeks to diversify its economy and attract foreign investment, collaborations such as this offer exciting prospects for both China's investment managers and Oman’s financial sectors. The MOU serves as a vital tool for fostering mutual growth and deeper financial ties, potentially paving the way for future projects that could reshape investment strategies across the Gulf region and beyond.

As both nations navigate this partnership, the focus will now shift to implementing the MOU’s objectives and enhancing cooperation across various financial sectors.