Photo taken on June 13, 2019 shows an outside view of the Shanghai Stock Exchange in Shanghai, east China. (Xinhua/Fang Zhe)
BEIJING, March 11 (Xinhua) -- Shanghai Stock Exchange (SSE) and Belgrade Stock Exchange signed a memorandum of understanding (MoU) via video on Tuesday to conduct pragmatic cooperation on information exchange, researches, personnel exchange and product development.
The move has not only marked a new beginning of the exchanges between the two sides, but also set a good example for the capital markets of the two countries to help each other and cooperate during the COVID-19 pandemic.
Belgrade Stock Exchange, a stock exchange based in Belgrade, the capital of Serbia, is one of the oldest in Europe and the only one of its kind in Serbia. At present, the products listed and traded on the bourse include stocks and bonds. The stock market is composed of three boards, including the general board, advanced board and small and medium-sized enterprises (SME) board. There is also a multilateral trading platform for stocks and bonds.
By far, SSE has signed 64 MoUs with 53 overseas institutions. Under the framework, SSE and its counterparts have conducted various forms of cooperation including personnel exchange, information sharing, co-organization of international forums and promotion activities.
According to SSE, it will continue to steadily promote the opening of the capital market, improve the basic capital market system, enrich securities investment products, carry out international strategy, facilitate cross-border investment by domestic and foreign investors, and promote the win-win development of bilateral economic and financial cooperation. (Edited by Zhang Yuan with Xinhua Silk Road, firstname.lastname@example.org)