Tel Aviv Stock Exchange (TASE) and Shenzhen Stock Exchange (SZSE) recently signed a Memorandum of Understanding (MOU) in Shenzhen. Mr. Wu Lijun, Chairman of SZSE and Mr. Amnon Neubach, Chairman of TASE attended the signing ceremony. According to the MOU, the two exchanges will share experience in SME and technology financing, cooperate in index-based product development and explore market linkup and product cross-listing.
Mr. Wu Lijun, Chairman of SZSE, said that China and Israel are both committed to fostering entrepreneurship and innovation. With in-depth cooperation, the two exchanges will be able to pool innovative resources across borders and combine advantages in technology and market, thus creating a win-win situation.
Amnon Neubach, Chairman of TASE, said that innovation is the character of the Israeli enterprises. Israel has formed a supporting policy and financial eco-system for entrepreneurship and innovation. Israeli enterprises are listed globally, thus making full use of the international resources for continuous development. The TASE would like to explore all areas of possible cooperation with the SZSE to support the development of entrepreneurship and innovation.
