Mongolian Market Updates | April 1th

🌄 Good morning!

Happy April Fools' Day! Last week, the Mongolian Stock Exchange implemented new regulatory changes to the mining commodity exchange.

🗞️ In this week’s newsletter:

• Mongolia Investment Forum: New York 2025

• CMM Market Updates

• Market News

🟣 Mongolia Investment Forum: New York 2025

✨ Why April 28th? The Perfect Date to Join Us in New York!

👇 The Mongolia Investment Forum: New York 2025 is strategically scheduled for April 28, positioning it perfectly between two major global financial events: 📍 April 21-27 – IMF & World Bank Spring Meetings in Washington, D.C. 📍 April 28 – Mongolia Investment Forum: New York 2025 📍 April 29-30 – Bloomberg New Energy Finance 2025

🟣 Capital Markets Mongolia (CMM) invites you to the second annual Mongolia Investment Forum: New York 2025—a premier platform dedicated to showcasing Mongolia's dynamic investment landscape and fostering global partnerships.

🙌 Join industry leaders, policymakers, and investors for insightful discussions on capital markets, mining, energy, and economic growth opportunities.

⚡ Don’t miss this opportunity to be part of Mongolia’s key investment discussions.

👇 Register now via the link in the comments!

🟣 CMM Market Update

Last week, the Mongolian Stock Exchange [MSE:MSE] hosted a meeting to introduce key regulatory changes at the Mining Exchange. The meeting aimed to present newly approved regulations designed to enhance trading activity to both public and private sector participants, as well as foreign buyers.

The main changes introduced at the meeting include:

• Indexing prices in line with the market

• Increasing flexibility in payment terms

• Diversifying payment instruments

• Implementing forward contracts with fixed and indexed prices

Despite these updates, three fundamental principles will remain unchanged:

• The principle that export products must go through the exchange will continue.

• The principle of index and quality adjustments will be maintained.

The exchange will focus on aligning the market with international standards rather than seeking short-term profits. He Xige, General Manager of Inner Mongolia Hongtai Coal Trading, attended the meeting as a buyer representative. He emphasized that these regulatory changes would create a more transparent and favorable trading environment while reducing risks for buyers.

🏛️ Market News

• Khan Bank [MSE:KHAN] successfully secured $147 million in financing from the European Bank for Reconstruction and Development (EBRD). This funding is part of the "Support Program for Young Entrepreneurs in Central Asia", which aims to support up to 35 young entrepreneurs in Mongolia.

• Merex JSC [MSE:MRX] postponed its shareholders' meeting due to insufficient quorum. A new date for the meeting has not yet been announced.

🟣CMM Services

Capital Markets Mongolia (CMM) specializes in providing strategic advisory to public companies on optimizing investor relations (IR) and advising on upcoming IPOs, bond issuances, and effective participation in the capital markets with a focus on efficiency and reputation. Additionally, we undertake market research and provide financial PR services.