News Release

Apr. 08, 2021 JPXTSE Commemorative Ceremony Held for Japan-China ETF Connectivity

 

On April 8, new ETFs were simultaneously listed under the Japan-China ETF Connectivity scheme established by Japan Exchange Group, Inc. (JPX), Shanghai Stock Exchange (SSE), and Shenzhen Stock Exchange (SZSE). JPX and Tokyo Stock Exchange, Inc. (TSE) held a commemorative ceremony for Japan-China Connectivity on the same day.

Akazawa Ryosei, State Minister of Cabinet Office for Financial Services and Matsushita Koichi, President of Daiwa Asset Management Co. Ltd. were joined by market participants in Japan. SSE President Cai Jianchun and SZSE Supervisory Board Chairman Yang Zhihua offered their congratulations in the form of video messages in celebration of the further development of Japan-China ETF Connectivity.

Today, at TSE, Daiwa Asset Management Co. Ltd. listed an ETF tracking an index of 50 stocks on the SSE Science and Technology Innovation Board (STAR50) and another tracking China's Greater Bay Area (GBA) Innovation 100 Index while, at SZSE, ICBC Credit Suisse Asset Management Co. Ltd. listed an ETF tracking the Nikkei 225. These ETFs provide Japanese and Chinese investors with even more options to diversify their portfolios.

At the start of the ceremony, JPX Group CEO Kiyota Akira said, "Today, we welcome the listings of new ETFs under the Japan-China ETF Connectivity scheme in both countries, which reinforces the ties between the capital markets of China and Japan. The Japan-China ETF Connectivity scheme is designed to accommodate the fast diversifying needs of investors in both countries, and JPX will hope to continue enjoying the support and cooperation of participants in both markets as we work to invigorate cross-border investment between China and Japan and contribute to the growth and development of the capital markets of both countries."

Speech by JPX CEO Kiyota

Speech by JPX CEO Kiyota

Speech by State Minister Akazawa

Speech by State Minister Akazawa

SZSE video message

SZSE video message

SSE video message

SSE video message

Group CEO Kiyota with President Matsushita with the listing certificate

Group CEO Kiyota with President Matsushita

Speech by Daiwa AM President Matsushita

Speech by Daiwa AM President Matsushita

State Minister Akazawa rings the listing bell

State Minister Akazawa rings the listing bell

President Matsushita rings the listing bell

President Matsushita rings the listing bell

Group photo

Group photo

About Japan-China ETF Connectivity

On April 22, 2019, JPX and SSE agreed to establish Japan-China ETF Connectivity. Aimed at creating more opportunities for cross-border securities investment between Japan and China, the scheme enables listing of feeder ETFs of ETFs investing in Japanese or Chinese assets. On January 25, 2021, JPX and Shenzhen Stock Exchange agreed to establish a similar scheme.
Along with the investment quotas and other arrangements for the scheme, ETFs listed based on Japan-China ETF Connectivity create a link between the ETF markets of both countries.
Through this scheme, investors in Japan are able to indirectly invest in Chinese assets through feeder ETFs of China-listed ETFs listed on TSE. Similarly, feeder ETFs of TSE-listed ETFs in China allows Chinese investors to indirectly invest in Japan.

Japan-China ETF Connectivity
 

Contact

Japan Exchange Group, Inc. Global Strategy
TEL:+81-3-3666-1361 (Operator)