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Japan Exchange Group, Inc. (JPX) and Shenzhen Stock Exchange (SZSE) today concluded a memorandum of understanding on establishing Japan-China ETF Connectivity* among other matters.
Henceforth, JPX and SZSE will actively collaborate to encourage ETF creation and investment under this scheme and promote the Japanese and Chinese securities markets to investors. The exchanges will also collaborate on promotion activities to support SMEs in both countries.
JPX Group CEO Kiyota Akira said, "I am pleased that we will establish Japan-China ETF Connectivity with Shenzhen Stock Exchange. This scheme will allow us to further consolidate the link between the capital markets of our two countries through ETFs. Moving forward, we will invigorate the Japan-China ETF Connectivity scheme and cross-border trading between our two countries and work with our counterparts in Shenzhen on promotion activities to support SMEs in both countries, as we strive to further develop the capital markets of both countries."
- Utilizing the investment quotas and other arrangements for the scheme, Japan-China ETF Connectivity enables the listing of feeder ETFs of ETFs investing in Japanese or Chinese assets, thereby creating a link between the ETF markets of both countries.
| Outline of Japan-China ETF Connectivity |  |
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