The FINANCIAL -- The Hong Kong Institute of Chartered Secretaries (HKICS) and Shenzhen Stock Exchange (SZSE) recently signed a Memorandum of Understanding (MOU) in Shenzhen.
Mr. Jin Liyang, Vice President of SZSE and Mr. Ivan Tam FCS FCIS, President of HKICS attended the signing ceremony, according to Shenzhen Stock Exchange.
Sound communication and cooperation between SZSE and HKICS go back a long way. As early as 1997, HKICS and SZSE co-organized the first professional training for board secretaries of listed companies in China’s mainland. With accelerated international development in innovative enterprises and SMEs and further opening-up of capital market, Chinese listed companies find it urgent to better utilize markets and resources at home and overseas. In the framework of the MOU, SZSE and HKICS will deepen the strategic partnership, jointly promote professional development of board secretaries, and further enhance corporate governance and operational compliance by listed companies in both mainland and Hong Kong.
According to the MOU, both parties agree to develop long-term cooperation, especially in such fields as research, training, professional communication and resource sharing. In particular, efforts will be made to develop joint research on corporate governance of onshore and offshore listed companies, promote best corporate governance practices of onshore and offshore companies, hold seminars and develop hands-on courses for board secretaries in the mainland and Hong Kong.