Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.

License for publishing multimedia online 0108263

Registration Number: 130349

About China Daily

Advertise on Site

Job Offer

Expat Employment

Bank of China, Budapest Stock Exchange sign cooperation accord

Xinhua | Updated: 2017-01-25 10:02

BUDAPEST - The Bank of China (BOC) and the Budapest Stock Exchange (BET) signed a cooperation agreement to help Chinese investors explore opportunities in Hungarian businesses, boost their investment activity, and encourage Chinese businesses to make more use of Hungary's capital market, BET said on Tuesday.

The move could promote the appearance of renminbi securities on the Hungarian exchange, BET said in a statement.

The BOC and the BET shaped the agreement to mesh with the economic measures of the National Bank of Hungary's (MNB) China-related economic measures, establishing tighter economic and capital market links to the China-proposed Belt and Road initiative.

The statement noted that BET's strategy calls for expanding its sphere of investors and helping businesses seeking to enter the stock exchange.

Related Stories

Photo