Tuesday May 15 2018

News Source: Global Exchanges

Focus: Other

Type: General




On 15th May 2018, Shenzhen Stock Exchange stated that it would continue to co-operate with its Bangladeshi counterparts in order to develop regulation and investment.

To date SZSE has actively promoted financial infrastructure cooperation, expanded market connectivity and improved the cross-border capital service mechanism.

As a strategic investor in the Dhaka Stock Exchange (DSE), the Chinese consortium will jointly promote the development of the Bangladeshi capital market with other shareholders of DSE, securities regulators and market participants in Bangladesh.

SHZE will continue to provide channels for cross-border capital formation between the two countries. Furthermore it will develop a platform for cooperation between the securities service agencies of the two countries.

The Chinese consortium will strictly abide by the laws and regulations of Bangladesh, fully respect other shareholders and partners, conscientiously fulfil its shareholders’ obligations, and participate in the corporate governance of DSE, enhance service capabilities, improve the development plan, and promote the capital market development in accordance with the principle of Extensive Consultation, Joint Development and Shared Benefits.

To date SHZE’s proposals have been approved by the Bangladesh Securities and Exchange Commission.

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