Recently, Chinese and Japanese fund managers obtained relevant product approval with respect to the ETF Connectivity scheme cooperated by Shenzhen Stock Exchange (SZSE) and Japan Exchange Group (JPX) and will set up ETFs to invest in each other’s target ETF tracking the Nikkei 225 Index and Guangdong-Hong Kong-Macao Greater Bay Area Innovation 100 Index respectively. The ETF products will be listed on SZSE and Tokyo Stock Exchange respectively for trading. This is an important achievement of the efforts of Chinese and Japanese stock exchanges and asset managers in deepening pragmatic cooperation. It will further expand connectivity channels, offering diverse cross-border investment options for investors of both countries.
In accordance with the directions of the China Securities Regulatory Commission, SZSE will engage in close cooperation with JPX within the framework of the SZSE-JPX memorandum of understanding to support fund managers for the stable launch of China-Japan ETF Connectivity products. SZSE will continue to improve cross-border investment and financing product lines and explore a new path for two-way opening-up of capital market together with JPX.
