Date/Time 27 Apr 2023 18:20:00

Headline

SET News :SET and SZSE joins forces for mutual display of indices to connect investment opportunities

Symbol SET
Source SET
SET News 35/2023 April 27, 2023 SET and SZSE joins forces for mutual display of indices to connect investment opportunities BANGKOK, April 27, 2023 - The Stock Exchange of Thailand (SET) and the Shenzhen Stock Exchange (SZSE) have deepened collaboration, sharing their investment data for the mutual promotion of Thai and Chinese securities. Both exchanges' key indices which make up of potential and quality securities will be disseminated for the first time through each market's main channels - www.settrade.com and www.cnindex.com.cn - to provide investors with greater access to information on their listed securities. The cross-market index display service is now available. SET President Pakorn Peetathawatchai said SET and SZSE have been collaborating to enhance investment data connection and increase opportunities to make Thai and Chinese securities better known among investors which is a part of SET's key plans to open up overseas investment opportunities. The first-ever cooperation for the mutual distribution of each market's indices is under a Memorandum of Understanding (MoU) on Index Cross-Border Cooperation signed by SET and Shenzhen Securities Information Company Limited (SSI), a service provider of SZSE group's benchmarks to provide Chinese investors with data for analysis before making investment decisions. In 2022, SET and SZSE jointly organized an investment seminar in which executives of the Thai capital market and listed Thai companies gave Chinese institutional investors a deep dive into renewable energy business trend in Thailand to present its potential and build up the confidence. Investors can keep updated with information dissemination of the SET's indices comprising SET Index, SET50 Index and SET THSI Index at www.cnindex.com.cn and the indices of SZSE - Shenzhen Component Index, Shenzhen 100 Index TR, ChiNext Index, CNI A50 Index, CNI 2000 Index and The Greater Bay Area Innovation 100 Index - at www.settrade.com under the Global menu named "International Index Cooperation". SET and SZSE signed the latest MOU in 2019 to widen opportunities for Thai and Chinese securities to be more widely known and connect both stock exchanges to offer more fundraising options through, for example, the cross-border product development, cooperation on indices and organization of annual roadshows. ********************************************************* Introduction of Shenzhen Stock Exchange Shenzhen Stock Exchange (SZSE), which started operation on 1st December, 1990, is a self-regulated legal entity under the supervision of China Securities Regulatory Commission (CSRC). SZSE is committed to serving the real economy, with the vision of "building a world-class exchange featuring a high-quality innovative capital center". It has formed a market structure with clear positioning and distinctive features of "Main Board + ChiNext Market". SZSE has become one of the most dynamic emerging markets in the world with many market indicators ranking among the top of the world. As of December 2022, SZSE had 2743 listed companies with the total market capitalization of RMB 32.42 trillion and the accumulated trading value of RMB 128.25 trillion. Introduction of SSI Shenzhen Securities Information Company Limited (SSI), a fully-owned subsidiary of Shenzhen Stock Exchange (SZSE), is the first professional index provider in Chinese mainland (since 2002). Authorized by SZSE, SSI is responsible for the research and development, operation and management of SZSE index series. SSI develops SZSE core index series with Shenzhen Component Index (SZI), ChiNext Index (CNT), Shenzhen100 Index (SZ100). SSI has also developed CNI Index Series to cover both Chinese market and overseas markets to serve the diversified investment needs. SSI have launched and calculated more than 1000 SZSE indices and CNI indices, and developed more than 200 ETFs and other index products, providing investors with various performance benchmarks and underlying indices. "SET...Make it Work for Everyone" Follow us on Twitter @SET_Thailand_EN ______________________________________________________________________