Zurich and Shanghai Exchanges Sign Cooperation Agreement

by swisschambei in Bilateral Relations

Swiss exchange operator SIX and its Shanghai counterpart have agreed to intensify their cooperation during a visit of Swiss Finance Minister Ueli Maurer to China. A Swiss delegation led by Ueli Maurer, the finance minister of Switzerland, visited the stock exchange of Shanghai on Tuesday. SIX, the Zurich-based stock exchange operator, and Shanghai Stock Exchange renewed a memorandum of understanding with the intention to further their collaboration which was initiated in 2015. The document underpins the relationship between China and Switzerland that has intensified since the signing of a free trade agreement in 2013 and currency agreement between the central banks of the two countries in 2014, SIX said in a statement on Tuesday. The memorandum of understanding envisages to further intensify the cooperation between the two financial centers and to assess the feasibility of listing securities such as depository receipts on respective markets in the near future. This would allow companies listed at either exchange to tap into each other’s liquidity pools.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Your Swiss Business Platform in China

SwissCham China has roughly 600 company members. Our Chamber maintains a strong relationship with the Embassy of Switzerland, Swiss Global Enterprise, Swissnex and Switzerland Tourism. As the representative of the Swiss companies established in China, our goal is to help you to increase your business and visibility, especially amongst the Sino-Swiss business community.

Become A Member

Sign Up For Our Newsletter

  • This field is for validation purposes and should be left unchanged.
June 4, 2021
Published By swisstrade.com in Bilateral Relations
June 3, 2021
Published By prnewswire.com in Business
May 28, 2021
Published By chinadaily.com.cn in Engineering / Manufacturing
May 20, 2021
Published By globaltimes.cn in Bilateral Relations
May 18, 2021
Published By globaltimes.cn in Culture & Society