News details
SZSE Signs MOUs with Moscow Exchange
2018-10-15, Vice President Peng Ming of Shenzhen Stock Exchange (SZSE) and his people visited Russia which is nation alongside the Belt and Road to boost the exchanges and cooperation with the capital market of such nations. On the day, SZSE signed memorandums of understanding respectively with Moscow Exchange (MOEX) and would develop in-depth partnerships with each other such aspects information sharing, personnel exchange, market cultivation, product R&D and innovative capital service. SZSE Vice President Peng and MOEX CEO Alexander Afanasiev attended the respective signing ceremonies. Next, SZSE will earnestly serve the Belt and Road construction as per CSRC’s unified deployment to fully draw on the characteristic advantages of its SMEs services and innovative venture systems, keep exploring the new mechanism and route of cooperation with the capital market of countries along the Belt and Road and enhance international cooperation exchanges. In this way, SZSE is endeavoring to serve the new pattern of China’s opening-up and build a international leading innovative capital formation center. MOEX, the largest exchange group in Russia, was born from the merger of Moscow Interbank Currency Exchange and Russian Trading System in December 2011. Its main products and services include stocks, bonds, derivatives, foreign exchange market, monetary market and precious metal operation and trading market. By the end of the first half of 2018, there are 229 listed companies, whose market capitalization total about USD 621.1 billion, on MOEX.