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Recently, the Shanghai Stock Exchange (SSE) successfully held the 2016 Trading China Conference for Foreign Investors, attended by a lot of well-known institutional investors around the world. Jointly discussing at the SSE the topic of development of China’s capital market were more than 70 chief investment officers, fund managers and trading business heads of Noregs Bank, Monetary Authority of Singapore, Bank of Korea and other sovereign wealth funds as well as Black Rock, Vanguard, Fidelity, State Street Corp., Franklin Templeton and other large-sized funds.
It has long been the development goal and the key task in the new development stage for the SSE to build itself into a world-class exchange with international influence and competitiveness. As a brand event in the SSE’s internationalized development process, “Trading China Conference for Foreign Investors” has been an important part of the SSE’s international promotion efforts with 7 sessions successfully held so far.
The SSE informed the international investors of the latest development of China’s capital market, the SSE’s development strategies in such businesses as stocks, derivatives, bonds and internationalization, and the mechanism, status quo and policies for foreign investments participating in China’s capital market. Besides, it invited international investors to visit China’s well-known enterprises. As a result, the globally influential international investors have a direct and deep understanding of China’s capital market, learn about the market’s status quo and its latest development strategies, and improve their knowledge of and interest in China’s capital market.
SSE President Huang Hongyuan said that the SSE has always attached great importance to its services for international investors, and he believed that the event will make the overseas institutional investors learn more about the characteristics of the SSE market. In the future, the SSE will make efforts in internationalization by focusing on the opening up of the capital market and China’s “One Belt and One Road” strategy, and strive to develop into a major platform for international investors, especially the long-term institutional investors, to invest in China’s capital market.
Neil Hosie, Head of Equity Trading Asia Pacific at Deutsche Bank, said that the Chinese stock market boasts the highest liquidity in the Asia Pacific region and the second highest liquidity in the world, and the large number of the international investors attending the event indicates that the international investors pay special attention to the current situation and future development of the Chinese market. “With continuous communication and explanation, we will see the investment interest of overseas investors increasingly mature. We look forward to the opening of the Shenzhen – Hong Kong Stock Connect and the continuous development of Shanghai – Hong Kong Stock Connect,” said Mark Mobius, Executive Chairman of Templeton Emerging Markets Group, adding that as China’s largest and one of the top exchanges in the world, the SSE is just at the core of all kinds of development. According to Mark Mobius, Franklin Templeton has always been dedicated to investing in China’s capital market and serving the retail and institutional investors, and is able to fully seize the huge opportunities in China. He said, “With its bright prospects, Shanghai’s market will be larger than its current size, with the foreign exchange control to be liberalized continuously in the next few years.” Charles Lin, Head of Greater China at Vanguard Investments Hong Kong Limited said, “The event has enabled the large overseas institutional investors like us to deepen our understanding of China’s market mechanism and regulatory directions, and made us more convinced in investing in China’s markets in the future and more confident in benefiting the investors in China with the concept of low-cost, long-term and diversified investments.”
