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Shenzhen bourse launches market coordination mechanism with DSE

FE Report | Published: May 15, 2019 10:56:39 | Updated: May 20, 2019 11:11:05


Shenzhen Stock Exchange (SZSE) has launched the market coordination mechanism with Dhaka Stock Exchange (DSE) under the strategic investment agreement.

At a seminar titled '2nd China-Bangladesh Capital Market Cooperation Seminar' in China on May 6, the SZSE and the DSE launched the Bangladesh Window on the V-Next Platform, a DSE release said.

"V-Next Alliance Platform is designed to facilitate Chinese investment into prospective companies in Bangladesh through information dissemination, online live road shows and face-to-face business seminars," according to the DSE.

Around 20 Bangladeshi enterprises from sectors such as information, communication and modern manufacturing conducted road shows on the V-Next Platform via "onsite meeting and live broadcasting" on the inauguration day, the DSE said.

"The road shows connected these enterprises with Chinese investment institutions and listed companies," said the premier bourse.

It said the Bangladesh Window will facilitate the country's listed and unlisted companies to explore equity and strategic partnership, seek business collaboration, and diversify business and technology channels in China.

"The DSE and SZSE will play roles to promote Bangladeshi and Chinese market participants to build cooperation network and share resource channels," the DSE said.

Shenzhen Stock Exchange, Dhaka Stock Exchange and Bangladesh ICT Division jointly hosted the seminar titled '2nd China-Bangladesh Capital Market Cooperation Seminar'.

The seminar, focused on emerging sectors such as information technology and digital economy.

It also featured in-depth discussions on China-Bangladesh financial market cooperation and investment opportunities in Bangladesh in the background of integration of development strategies.

Nearly 150 representatives from listed companies of Bangladeshi and Chinese stock exchanges, entrepreneurs, and financial institutions joined the seminar.

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