The Shanghai Stock Exchange and Dubai Financial Market signed a memorandum of understanding of cooperation, and planned to explore financial products such as development indexes and ETFs.
According to the China News Agency, the reporter learned from the Shanghai Stock Exchange on Monday (November 20) that the Shanghai Stock Exchange and Dubai Financial Market signed a memorandum of understanding of cooperation on the same day to further strengthen cooperation and exchanges between the capital market.Essence
According to the memorandum of understanding of the cooperation, the Shanghai Stock Exchange and Dubai Financial Market Plan jointly explore the development of ESG (environment, society and corporate governance) and sustainable development related products to meet the needs of the two market participants.In addition, the two parties will jointly explore and develop financial products including cross -border indexes and ETFs (Exchange Trading Fund) to introduce their respective advantages to market participants and provide them with richer and convenient capital market services.
Cai Jianchun, general manager of the Shanghai Stock Exchange, said that the Shanghai Stock Exchange expects to deepen communication with the Dubai financial market and jointly explore cooperation opportunities in the fields of index, ETF, ESG and other fields.In the next step, the Shanghai Stock Exchange will further deepen the high -level institutional type to the public, and continue to explore the diversified cooperation and docking mechanism with the Middle East Exchange.Strengthen bilateral cooperation, explore multilateral cooperation, continuously enrich the form of cooperation, and deepen the content of cooperation.
The Shanghai Stock Exchange stated that the implementation of this partnership is another important milestone for China's capital market to open up and strengthen cross -border cooperation.Partnership not only promotes information exchanges between the Shanghai Stock Exchange and Dubai's financial market, but also effectively improves the efficiency and transparency of the two markets.
