Shenzhen Securities has signed a cooperation agreement with Euronext Hong Kong Limited, whereby both parties will carry out innovative cooperation in small and medium-sized technology enterprise investment and financing services and information service platform construction, based on their combined market and information business advantages.
Mr. Jin Liyang, Vice General Manager of Shenzhen Stock Exchange (SZSE), which was present at the signing ceremony, said that it was committed to constructing multi-level capital market system and supporting the international development of venture companies and will carry out cooperation in personnel training and other activities to prepare for cooperation in product business with Euronext.
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Matthias Fekl, State Secretary to the Minister of Foreign Affairs and International Development of France, expressed that the French government supports the internationalization of Renminbi and hopes both exchanges will cooperate to promote the development of financial markets of both countries.
In March 2015, SZSE signed a memorandum of understanding on cooperation with Euronext, followed by a framework agreement on index cooperation with Shenzhen Securities Information in June 2016 where both parties agreed to cooperate in index quotes cross presentation, index product development and promotion, cross-border index compilation and development.
The latest cooperation agreement will strengthen the information and personnel exchange between SZSE and Euronext and offer small and medium-sized technology enterprise investment and financing services for both countries.
It also focuses on the basic function of the capital market serving real economy, strengthening both parties’ cooperation in cross-border finance while promoting the international development of the capital markets.