Shenzhen Stock Exchange and Osaka Securities Exchange Sign MOU

Shenzhen Stock Exchange (SZSE) and Osaka Securities Exchange Co., Ltd. (OSE) signed a memorandum of understanding (MOU) in Shenzhen on Tuesday, August 31, 2010. President Song Liping and Mr. Manabu Matsumoto, member of the Board and Deputy President of OSE, inked the MOU, which covers mutual visits, professional training and information sharing.

President Song Liping said that both exchanges, committed to serving growth companies, have established or developed new markets to serve particular financing needs in respective countries. The two exchanges are mutually complementary with great potential for cooperative endeavors of common interest. With increasingly close economic ties between China and Japan in capital markets, the cooperation between SZSE and OSE will be more focused and reach greater depths.

“OSE also dedicates itself to meeting the financing needs of growth companies. In 2009 OSE merged with JASDAQ. On the basis of consolidation of JASDAQ and Hercules, OSE will launch new JASDAQ market in October this year. We believe the signing of the MOU with SZSE will be a significant step towards internationalization of the new JASDAQ market,” said Deputy President Manabu Matsumoto.

OSE was created in 1987 and became demutualized in 2001. Now OSE is the largest derivatives market in Japan. OSE is home to 1800 companies with a total market capitalization of 211 billion yen (17 billion RMB yuan).

So far SZSE has signed MOUs with 25 fellow exchanges outside China’s mainland.

About the Author


Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

IRP Journal

IRP Journal



Poll results are published in our Weekly Newsletter -->
All Rights Reserved WIld Wild Web Limited