SZSE Signs a Cooperation Agreement with Hubei Provincial People’s Government

SZSE Signs a Cooperation Agreement with Hubei Provincial People’s Government

SZSE Signs a Cooperation Agreement with Hubei Provincial People’s Government

The FINANCIAL -- On December 9, 2015, Shenzhen Stock Exchange and Hubei Provincial People’s Government entered into a strategic cooperation agreement in Shenzhen.

Both parties will give play to their own advantages to promote Hubei enterprises to be better and stronger through capital market, so as to promote the economic transformation and upgrading and regional financial development in Hubei province, according to Shenzhen Stock Exchange.

According to the agreement, both parties will jointly promote Hubei enterprises to be listed on Main board, SME board and GEM board of SZSE; both parties will strengthen cooperation in supervision of listed companies, urge and guide Hubei companies listed on SZSE to strengthen information disclosure, improve governance structure and regulate corporate operation, and jointly study on solving major risk problems, so as to actually maintain the safe and stable operation of the capital market; both parties will strengthen the development of fixed income products, such as local government bonds, corporate bonds and asset-backed securities, and reinforce the cooperation in risk control and disposal; both parties will support the regional equity exchange market construction, and promote the scientific, technical and financial reform and innovation in Wuhan city circle; and both parties will strengthen the capital market investor education and publicity, so as to boost the talent training and exchange.