Through the updated MoU, SIX and Shanghai Stock Exchange are underpinning the long and close relationship between China and Switzerland that has been intensified since the signing of the free trade agreement concluded between the two countries in 2013 and currency agreement between the Swiss National Bank and the People’s Bank of China in 2014.

The amended MoU envisages to further intensify the cooperation between the two financial centers and to assess the feasibility of listing securities (such as e.g. Depository Receipts) on respective markets in the near future and thus allow companies listed at either exchange to tap into each other’s liquidity pools.

Furthermore the MoU between SIX and the Shanghai Stock Exchange also includes the consideration of collaborating on further matters that are of mutual interest and which could include topics like digitalization for example and other joint interests.

Romeo Lacher, Chairman of the Board of Directors of SIX: “I am very pleased that the Shanghai Stock Exchange and SIX will jointly work even closer together in order to further develop and internationalise our respective securities markets and thus strengthen the existing ties between our two countries and offer even more attractive and more international marketplaces.”

 

 

Any questions?

If you have any questions, please do not hesitate to contact Jürg Schneider.

 
SIX
SIX operates and develops infrastructure services in the Securities & Exchanges, Banking Services and Financial Information business units with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss financial center. The company is owned by its users (120 banks). With a workforce of some 2,600 employees and a presence in 20 countries, it generated operating income in excess of CHF 1.9 billion and Group net profit of CHF 221.3 million in 2018.
www.six-group.com