On 19 December 2025, the “Capital Empowering Industry — China–Cambodia Finance & Industry Cooperation Forum” was successfully held in Shanghai.
The forum was attended by H.E. Sou Socheat, Director General of the Securities and Exchange Regulator of Cambodia (SERC), Dr. Heng Vuthy, President of the Chinese Investor in Cambodia Association and Personal Advisor to Prime Minister Hun Manet, and Mr. Teng Cheng-Yueh, Chairman of the Board of Cambodia Securities Plc., who led the Cambodian delegation. They engaged in in-depth exchanges with representatives from Shanghai’s financial, industrial, and professional service sectors on the theme of “how capital can effectively empower industrial going-global, landing, and growth,” and proposed an integrated cooperation framework positioning Cambodia as a Southeast Asian hub.
The forum attracted over 100 participants, including professional investors, securities firms, banks and other financial institutions, industrial enterprises, and corporate representatives, achieving outstanding outcomes.
Cambodia: A Priority Destination for Going Global into Southeast Asia, Combining Industrial Capacity and Capital Market Opportunities
The forum highlighted that Cambodia has experienced sustained and rapid economic growth in recent years, with the government actively promoting industrial diversification, particularly through strong support for Special Economic Zones (SEZs) and investment attraction.
At the same time, the high circulation of the U.S. dollar provides convenience in payment and settlement, while the tax system is becoming increasingly institutionalized, transparent, and standardized, laying a solid foundation for the maturity and expansion of the capital market. Participants widely agreed that, amid continuously improving industrial policies, regional coordination, and institutional environments, Cambodia’s capital market is well positioned for take-off, with expectations of more intensive corporate listings and cross-border financing demand in the future.
Building a One-Stop Going-Global Solution through “Platform – Capital – Special Economic Zones”
At the forum, Mr. Teng Cheng-yueh, Chairman of Cambodia Securities Plc., stated that Cambodia Securities will work in collaboration with the Chinese Investor in Cambodia Association and the Cambodia–Shanghai Special Economic Zone to provide one-stop services for Chinese enterprises through a closed-loop model of “platform → capital → special economic zones,” covering:
- Landing and establishment: SEZ site selection, factory or office setup, investment promotion matchmaking, and integration of supporting resources
- Financial and capital empowerment: financing planning, capital market pathway design, investor matchmaking, and market promotion
Compliance and transaction support: multi-channel cooperation with leading Shanghai law firms and cross-border M&A platforms, providing legal, structural, transaction, and M&A integration support.
This model aims to help enterprises “land successfully, operate stably, and grow rapidly,” using financial instruments and capital market capabilities to empower industrial development—ensuring not only going global, but going global successfully.
Encouraging Chinese Listed Companies to Establish Overseas (Especially Southeast Asia) Business Units in Cambodia
The forum specifically recommended that Chinese listed companies consider establishing their overseas business units—particularly Southeast Asia divisions—in Cambodia, serving as regional headquarters and capital deployment hubs:
- Operational level: Using Cambodia as a management and settlement hub for Southeast Asia to enhance cross-border management efficiency and resource integration
- Industrial level: Leveraging SEZ industrial clusters, policy support, and supply-chain absorption capacity to accelerate capacity deployment and market landing
- Capital level: Following a clear path of “overseas business unit → industrial landing → capital planning,” gradually forming defined financing and listing strategies, while further exploring more internationalized capital operations based on the development of Cambodia’s capital market.
Outlook: Expanding China–Cambodia Financial and Industrial Synergies through Institutionalized and Project-Based Cooperation
Representatives noted that going forward, more regular communication mechanisms and concrete project matchmaking will be adopted to encourage additional enterprise visits, project landing, and capital cooperation.
Under a three-in-one cooperation framework of “industrial absorption + financial empowerment + professional services,” stronger support will be provided for the long-term development of Chinese enterprises in Cambodia and across Southeast Asia.
