Bursa Malaysia and Shenzhen Stock Exchange Collaboration
Bursa Malaysia Berhad (“Bursa”) and Shenzhen Stock Exchange (“SZSE”) have entered into a Memorandum of Understanding (“MoU”) to broaden opportunities in investment and facilitate further cross-border collaboration between the two markets. Under the MoU, both exchanges will collaborate on several areas of mutual interest that are aimed to strengthen the tie and promote the flow of investment between the two markets. Among others, it will include the cross promotion of indices to enhance visibility and profile of both the Malaysian and Chinese markets.
Shenzhen Stock Exchange Overview
Shenzhen Stock Exchange (SZSE), established on 1st December, 1990, is a self-regulated legal entity under the supervision of China Securities Regulatory Commission (CSRC). It also organizes, supervises securities trading and performs duties prescribed by laws, regulations, rules and policies. Its main functions include providing the venue and facilities for securities trading, formulating operational rules, receiving listing applications and arranging securities listing, organizing and supervising securities trading, supervising members; regulating listed companies, managing and disseminating market information and other functions as approved by the CSRC.
SZSE is committed to developing China’s multi-tiered capital market system, serving national economic development and transformation and supporting the national strategy of independent innovation. The SME Board was launched in May 2004. The ChiNext market was inaugurated in October 2009.
Since 2000, SZSE has signed MOUs with 30 major stock exchanges and financial institutions in the world and enhanced cross-border cooperation and communications. It has also taken an active part in international securities organizations. SZSE is a member of both the World Federation of Exchanges (WFE) and the Asian and Oceanian Stock Exchanges Federation (AOSEF). It is also an affiliate member of the International Organization of Securities Commissions (IOSCO).
Shenzhen Securities Information Co., Ltd.(“SSIC”)is a wholly-owned subsidiary of SZSE and is authorized by SZSE to be responsible for index research and development, operation and marketing. SSIC is the first independent index provider in mainland China and also a member of the Index Industry Association (IIA).
SZSE Official Website: http://www.szse.cn/English/index.html
Index Official Website: http://www.cnindex.com.cn/eng/index.html