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Osaka Securities Exchange Signs MOU With Shenzhen Stock Exchange

Date 09/09/2004

Osaka Securities Exchange Co., Ltd. (OSE) announces that Shenzhen Stock Exchange (SSE) and the OSE have signed a Memorandum of Understanding (MOU).

We have recently witnessed growing economic and financial ties between China and Japan and the rising demand for international listing among Chinese leading companies. Under such circumstances, both exchanges have been equally addressing new fields including markets for venture businesses. The MOU aims at establishing and strengthening the relationship between the two exchanges for the mutual benefit.

Ms Son Liping, Executive Vice President of the SSE and Michio Yoneda, President & CEO of the OSE attended the signing ceremony, in which Mr Yoshihisa Akiyama, Chairman of Kansai Economic Federation joined.

Under the MOU, the SSE and the OSE have decided to reinforce the relationship in the following areas:

  • Exchange of information on each market
  • Visits to each exchange at senior executive level
  • Short-term exchange of staff
  • Exploring further opportunities for cooperating with each other in exchange of information on dual listings and supervising investors, joint seminars, etc.