China, Vietnam vow to accelerate capital market cooperation

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venynx2

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The China-Vietnam Capital Cooperation Forum was held on Tuesday, helping accelerate cooperation between the two countries' capital markets and
promoting two-way capital flow as well as supporting growth in their
small and medium enterprise (SME) sectors.To get more china finance news, you can visit shine news official website.

Participants at the forum, including representatives of Chinese and Vietnamese securities companies, agreed to support China-Vietnam SMEs
Growth Roadmap, an action plan to support cooperation in the SME sectors
between the two countries.


They also shared a vision to build a China-Vietnam capital market ecosystem in which exchanges, intermediaries, companies and investors on
both markets could better leverage the resources to serve capital
formation for SMEs.


China's Shenzhen Stock Exchange (SZSE) plans to become a leading capital formation center by offering diversified financial products and
necessary capital market infrastructure.


Taking advantage of internet and online video technology, SZSE initiated cross-border capital service mechanism to support capital
information by matching projects with potential investors in China. The
mechanism has showcased 23 projects from India, Cambodia, Laos and
Pakistan.


During the forum, Shenzhen Securities Information Company, a wholly-owned subsidiary of the SZSE, and the Ho Chi Minh City branch of
Bank of China signed the cross-border financial service cooperation
agreement on establishing China-Vietnam cross-border capital service
mechanism, providing an economic, efficient, transparent information
platform to connect Chinese capital and Vietnamese innovative projects.

Posted 25 Jun 2018

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