Wednesday January 20 2016
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: China
Link: http://www.szse.cn/main/files/2016/01/20/SZSE%20Weekly%20Bulletin%20Issue%203%2C2016.pdf
Shenzhen Stock Exchange has published its market bulletin. The document provides highlights on recent developments which include the launch of the Mutual Recognition Service Platform, delays in listing reforms and improvements in regulatory mechanisms.
SZSE Launched Mainland China-Hong Kong Fund Mutual Recognition Service Platform
- The Mainland China and Hong Kong Fund Mutual Recognition Service Platform was launched in SZSE on Jan 8. The service platform is connected with HKMA’s Central Money Market Units (CMU). Related institutions in Mainland China and Hong Kong can realize data exchange, secondary registration and trusteeship and fund settlement for cross-border fund sales just by accessing to the platform from a single point.
Gradual and Steady Share Reform
- China Securities Regulatory Commission (CSRC) announced on Jan 15 that it will not carry out stock listing reform and early as previously announced, and the reform will instead be gradual and steady. The date of the reform will be announced after the completion of all the regulations.
Click on the link above for further details.