Hong Kong Exchanges and Clearing Limited (HKEX) today (Tuesday) is pleased to have signed a Memorandum of Understanding (MOU) with both Shanghai Ganglian E-Commerce; and Wuxi Stainless Steel Exchange, to strengthen communications and cooperation, as well as to promote mutual business development in financial and commodities markets.
The MOU between HKEX and Shanghai Ganglian E-Commerce was signed by HKEX Head of Commodities Development Dennis Zhang, and Shanghai Ganglian’s President Gao Bo.
The MOU between HKEX and Wuxi Stainless Steel Exchange was signed by HKEX’s Dennis Zhang and Wuxi Stainless Steel Exchange’s General Manager of Marketing Department, Feng Jian.
Both signings were witnessed by HKEX Chief Executive, Charles Li, and Head of Market Development, Li Gang, together with Shanghai Ganglian Chairman Zhu Junhong and Wuxi Stainless Steel Exchange Chairman Yu Xiaochun, respectively.
Witnessed by Charles Li, HKEX Chief Executive (standing, middle), Li Gang, HKEX Head of Market Development (standing, right), and Zhu Junhong, Shanghai Ganglian Chairman (standing, left), Dennis Zhang (seated, right), HKEX Head of Commodities Development and Gao Bo (seated, left), President of Shanghai Ganglian, signed the HKEX- Shanghai Ganglian MOU during a ceremony hosted by HKEX.
Witnessed by Charles Li, HKEX Chief Executive (standing, middle), Li Gang, HKEX Head of Market Development (standing, right), and Wuxi Stainless Steel Exchange Chairman Yu Xiaochun (standing, left), Dennis Zhang (seated, right), HKEX Head of Commodities Development and Feng Jian (seated, left), Wuxi Stainless Steel Exchange’s General Manager of Marketing Department, signed the HKEX-Wuxi Stainless Steel Exchange MOU during a ceremony hosted by HKEX.
About HKEX
Hong Kong Exchanges and Clearing Limited (HKEX) is one of the world’s major exchange groups, and operates a range of equity, commodity, fixed income and currency markets. HKEX is the world’s leading IPO market and as Hong Kong’s only securities and derivatives exchange and sole operator of its clearing houses, it is uniquely placed to offer regional and international investors access to Asia’s most vibrant markets.
HKEX is also the global leader in metals trading, through its wholly owned subsidiaries, The London Metal Exchange (LME) and LME Clear Limited. This commodity franchise was further enhanced with the launch of Qianhai Mercantile Exchange, in China, in 2018.
HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.
www.hkexgroup.com
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