More co-op planned between Shanghai, HK stock exchanges
By Wei Tian and Chen Jia (chinadaily.com.cn)
Updated: 2012-11-11 15:38
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0Gui Minjie, the chairman of the Shanghai Stock Exchange, says it plans to speed up its internationalization process by strengthening cooperation with Hong Kong Stock Exchange.
Investment products co-developed by the two, such as cross-border Exchange Traded Fund, have already been welcomed by investors, Gui told a press conference on the sidelines of the 18th National Congress of the Communist Party of China on Sunday.
In September, the Shanghai, Hong Kong and Shenzhen exchanges established a joint venture to offer financial products and services.
The three have also agreed to launch a comprehensive index by the end of this year, to reflect share prices on all three markets.
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