Euronext has announced intentions to work with Chinese trading venue Shenzhen Stock Exchange (SZSE) to develop ETFs and indices.
With demand for exposure to the Chinese markets growing, and entry being facilitated through Hong Kong’s Stock Connect, other exchanges are seeking ways to work with Chinese platforms.
At present, institutional investors can trade Chinese-linked indices only through the Singapore Exchange and Hong Kong Exchanges and Clearing.
“Our partnership for the joint development of Exchange Traded Products and Indices in China and Europe is an exciting development,” said Lee Hodgkinson, head of markets and global sales at Euronext.
“The Chinese financial markets are undergoing a remarkable transformation and we are privileged to be in a position to jointly develop innovative new products and create opportunities for trading and investment across both regions.”