At the 2026 Shenzhen Stock Exchange Global Investors Conference, SNB Capital’s Head of International Distribution Eduardo Bernardes signaled strong Saudi interest in deepening China-Saudi financial ties. Managing $70 billion in AUM, SNB Capital seeks two-way asset allocation between both markets and strategic Chinese partners. Bernardes shared that his team successfully piloted direct RMB settlement — bypassing the US dollar — via the SZSE ETF Connect program, noting that the key barrier to RMB internationalization is not policy, but insufficient cross-border coordination. The bank also aims to help Chinese companies expand into the Middle East.
ه