MOU SIGNING SET, Shenzhen bourse help boost Thai, Chinese SMEs
The Stock Exchange of Thailand (SET) yesterday signed a memorandum of understanding (MoU) with Shenzhen Stock Exchange (SZSE) to expand business opportunities for Thai and Chinese small and medium-sized enterprises (SMEs) and broaden opportunities in investment as well as promoting cross-border collaboration among the two countries.
SET president Pakorn Peetathawatchai said that under this memorandum, SET and SZSE will provide information on SMEs as well as financial markets of the two countries via an online portal; enhance the “ChiNext-mai Alliance” network which aims to facilitate the communication and cooperation between companies listed on Market for Alternative Investment (MAI) and ChiNext Market; and arrange business matchings and physical roadshows to promote Thai and Chinese securities’ growth potential in both countries.
The agreement also embraces cooperation for cross-border product development such as exchange-traded funds (ETFs), depositary receipts (DRs), and indices including green finance products, among others.
