Business news

BCSE, Shenzhen Stock Exchange to advance cooperation in exchange trade

MINSK, 16 July (BelTA) – OAO Belarusian Currency and Stock Exchange (BCSE) and the Shenzhen Stock Exchange (SZSE) have signed a memorandum of understanding designed to advance cooperation in the sphere of exchange trade, BelTA has learned.

The memorandum provides for launching a Belarusian-Chinese initiative to cater to the capital market. The initiative will include the sharing of exchange information, the organization of joint events and research projects meant to develop and support organized stock markets.

The memorandum represents another step in expanding Belarus-China cooperation in exchange trade.

The Shenzhen Stock Exchange (SZSE) is one of China’s main stock exchanges. It is one of the ten largest stock exchanges in Asia. The SZSE was founded in 1990 as a self-regulatory legal entity under the management of the China Securities Regulatory Commission (CSRC). The Shenzhen Stock Exchange facilitates trade in shares, mutual funds, and bonds, with 2,170 companies listed on the stock exchange.

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