Tuesday October 17 2017
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
On 16th October 2017, the Toronto Stock Exchange and Shenzhen Stock Exchange (SZSE) entered into a non-binding Memorandum of Understanding (MoU).
Under the scope of the MoU, TMX Group and SZSE intend to create the “China-Canada Technology and Innovation Companies Service Initiative” (the China-Canada Initiative) with the goal of connecting investors and companies in the technology and innovation sectors in each of the two countries through an expanded capital formation platform.
As part of this initiative, SZSE and TMX may also explore the possibility of creating trading, and clearing and settlement connections between Canada and China.
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