Malawian investors have an opportunity to own shares in foreign companies following a new stock exchange called Xidian International Stock Exchange which will be launched on Friday, 4th April 2025.
Xidian, a Chinese capital market, is expected to come with initial 20 listed companies that will offer shareholding opportunities to Malawians as the Malawi Investment Trade Centre (MITC) is facilitating the deal.
According to Director General of MITC, Kruger Phiri, Xidian International Stock Exchange is bringing a capital investment opportunity that is parallel to the Malawi Stock exchange.
However, Phiri was quick to point out that the new initiative is complementary rather than a competitor to MSE
“The forum will provide interface between local investors and 40 representatives from 20 different Chinese companies and Malawi will display 7 sectors of investment, namely, Agriculture, Tourism, Mining Manufacturing, Energy, Public Infrastructure and Finance,” Phiri disclosed.
He said the new capital investments opportunities will in the long run to give Malawians a chance to own large percentages of shares in international companies.