HK and Shanghai exchanges to strengthen trade product development and other cooperation

SSE general Manager Yujun (left) and HKEx chief Executive Li (right) signed a closer cooperation agreement in Hong Kong 21st, will seek further cooperation in the exchange of ETFs, warrants, cattle and bear certificates and other trading products. According to the joint announcements published by the two, the five agreements included: first, the two sides agreed to strengthen exchanges of information and joint supervision on listed enterprises and securities, and the two companies ' management departments set up a bimonthly regular exchange mechanism, focusing on the regulatory operation of the two listed securities and the disclosure of market information; second, Agree to strengthen communication and cooperation between the two in support of business development; Third, agreed to strengthen exchanges and cooperation on the development of trade products, ETF as a point of intervention and gradually expand to the asset securitization products, warrants, Cattle bear Card, options and other trading products to seek further cooperation; Finally, deepen cooperation in the development of information products on the basis of existing　　If the index of two securities as a constituent unit is explored, five, the two sides will meet each other two times a year and each of them shall be held in turn. Yujun said this year, SSE will work on five issues, including continuing to promote the construction of blue-chip markets, the development of a debt market based on corporate debt, and continue to improve market regulation and corporate governance, and strengthen infrastructure construction. On the timetable and size of the ETF launch, he said everything depends on the degree of readiness of the fund company and the approval of market investors.