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Japan Exchange Group, Inc. (JPX) and Shanghai Stock Exchange (SSE) today concluded a memorandum of understanding on further developing Japan-China ETF Connectivity.*
Following the conclusion of an agreement between JPX and SSE on April 22, 2019 to establish Japan-China ETF Connectivity, ETFs under the scheme were listed simultaneously on both exchange markets on June 25, 2019.
Since then the two exchanges have collaborated on activities to encourage the use of the ETFs and facilitate investor understanding of each other's securities markets. Today's development comes as an extension of such collaboration as the two exchanges agree to further develop the Japan-China ETF Connectivity scheme by broadening the lineup of products under the scheme.
JPX Group CEO Kiyota Akira said, "With the cooperation of Shanghai Stock Exchange, we have achieved the simultaneous listing of ETFs in our two countries under Japan-China ETF Connectivity, and I am delighted that we have today agreed to further develop the scheme. Moving forward, we will continue to invigorate the Japan-China ETF Connectivity scheme and cross-border trading between our two countries as we work with our counterparts in Shanghai to further develop the capital markets of both countries."
| Outline of Japan-China ETF Connectivity |  |
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Japan Exchange Group, Inc.　Global Strategy
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