Monday May 15 2017
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Link: http://www.bursamalaysia.com/corporate/media-centre/media-releases/5097
Bursa Malaysia Berhad on 15th May 2017 signed a MOU with the Shanghai Stock Exchange. Under the terms of the MOU, both parties will explore potential ways for the two exchanges to improve their visibility and accessibility to market participants in Malaysia and China.
Both exchanges will also explore opportunities presented by China’s Belt and Road Initiative. Already one of Malaysia’s largest trading partners with bilateral trade reaching almost RM100 billion, the potential for further growth between Malaysia and China under B&R Initiative is expected to be big.
Under the MOU, Bursa Malaysia and the Shanghai Stock Exchange will also closely collaborate to address structural issues that may impede market accessibility, in addition to improving information flow between the two markets.
Click on the above link for further information.