Shenzhen Stock Exchange Deepens Ties With South Asia Bourses
Yicai Global
DATE:  Jun 19 2018
/ SOURCE:  Yicai
Shenzhen Stock Exchange Deepens Ties With South Asia Bourses Shenzhen Stock Exchange Deepens Ties With South Asia Bourses

(Yicai Global) June 19 -- The Shenzhen Stock Exchange plans to further ties with South Asian bourses and work with market participants to build a better financial infrastructure.

The exchange will enhance cooperative efforts with South Asian markets to build a more solid securities market with better technical support and services, it said online on June 15. It will also look to use its service platform V-Next to provide cross-border investments and data sharing to help South Asian countries and innovative companies get access to services up and down the supply chain.

The bourse has been working with the Dhaka Stock Exchange in Bangladesh, which it took a 25-percent stake in last month, to develop new transaction technologies and products to further integrate the countries' stock exchanges and real economies, it added.

It also hopes to improve cross-border data services and products by providing more Belt and Road and panda bonds and asset-backed securities. Panda bonds are yuan-based products from non-Chinese issuers, while Belt and Road bonds are used to raise money for the expansive infrastructure and trade network spanning multiple continents, which Chinese President Xi Jinping devised in 2013.

 

Follow Yicai Global on
Keywords:   Shenzhen Stock Exchange,South Asia,Securities,Bonds