Connect with us

China

Thai bourse and Shanghai Stock Exchange sign MOU

Thailand and China have firm and long-standing ties in politics, commerce, and
investment. Currently,China is the second-largest source of direct investment
in Thailand by value, and China is Thailand’s second-largest business partner

Avatar

Published

on

The Stock Exchange of Thailand (SET) and Shanghai Stock Exchange (SSE) have signed a Memorandum of Understanding (MOU) today (April 7) covering a wide variety of activities to develop their two markets.

Loading...

This MOU, signed by SET President Patareeya Benjapolchai and SSE President Yujun Zhang, and witnessed by SET Chairman Sompol Kiatphaibool, and effective immediately, marked the formalization of cooperation between the two exchanges, and lays the framework for cross-trading of securities, sharing information and personnel, networking among top executives, and developing seminars and research,benefiting participants in both capital markets.

Thailand and China have firm and long-standing ties in politics, commerce, and investment. Currently,China is the second-largest source of direct investment in Thailand by value, and China is Thailand's second-largest business partner

Thailand and China have firm and long-standing ties in politics, commerce, and investment. Currently,China is the second-largest source of direct investment in Thailand by value, and China is Thailand’s second-largest business partner. Mr. Sompol revealed, “I strongly believe that the warm and strong relationship between our respective exchanges will help drive the relationship between our countries and lead to stronger trade and investment alliances.” Ms. Patareeya said, “The two exchanges will seek to develop exchange-traded funds with international indices as the underlying assets and collaborate in other ways that will strengthen the competitiveness of both markets.”

The SSE has USD2.7 trillion in market capitalization, the second largest in Asia, and is also second largest in terms of funds raised. While the SET seeks to become the gateway to Indochina and have a significant role in the ASEAN Linkage project that will make trades between exchanges in the region more convenient for investors, the signing of this MoU enables the SET to have another strong partnership within the region. Currently, 30 SET-listed companies invest in China, and 24% of respondents to recent SET survey were interested in or already in the process of analyzing business opportunities in China.

China

Will Myanmar’s coup help China influence ASEAN?

The Myanmar crisis is becoming increasingly tragic, with the military’s use of lethal force now killing over 60 protestors.

Avatar

Published

on

On 16 January 2021, Chinese Foreign Minister Wang Yi concluded a visit to four ASEAN countries. One destination was Myanmar, the upcoming country coordinator of the ASEAN–China dialogue and now centre of international attention after the country’s military seized power.

Loading...
(more…)

Continue Reading

China

Rapid growth in China post-COVID makes it ripe for investment

Being “first in and first out” of COVID-19, China is the only country among the G20 that is thought by the Organisation for Economic Co-operation and Development (OECD) to have increased GDP in 2020.

Avatar

Published

on

China’s economy rebounded sharply.

In January 2020 as the world began to learn of COVID-19, many market observers predicted a challenging year for Asia. While there continue to be headwinds from the health and economic crisis, Asia, and China in particular, has demonstrated comparatively advantageous resilience.

Loading...
(more…)

Continue Reading

China

Mainland China is in no position to take Taiwan by force

Unlike his predecessors, Chinese President Xi Jinping has demonstrated greater intensity in the desire for reunification.

Avatar

Published

on

The situation across the Taiwan Strait has seemed to be on the brink of crisis since 2018. Beijing has sent numerous sorties of military aircraft to conduct exercises near Taiwan and frequently crossed the median line of the Taiwan Strait.

Loading...
(more…)

Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,973 other subscribers

Latest

Trending