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Shanghai Stock Exchange ready to sign cooperation memo with Central Asian Stock Exchange.

The Head of the Central Agency for Development, Investments and Innovations, Maxim Bakiev, and Liu Xiaodong, Deputy Director General of the Shanghai Stock Exchange, reached agreement at the meeting on Wednesday in Beijing to draft cooperation memorandum between the Shanghai Stock Exchange and the Central Asian Stock Exchange.Maxim Bakiev expressed wish to establish mutually beneficial cooperation between stock markets of the two countries. He said activities of the Shanghai Stock Exchange is of a great interest for Kyrgyzstan. "Experience of work of the Shanghai Stock Exchange is of a great interest for us, since I am convinced we have many things to learn from you," Maxim Bakiev stressed.Liu Xiaodong told about the Shanghai Stock Exchange in brief. "We implement policy targeted at cooperation with other trading platforms. In my view, we have many common things. China and Kyrgyzstan are at the stage of shaping market economy. Such position creates good prerequisites for establishment of ties and business cooperation," he stressed.

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Publication:AKIpress News Agency
Date:Jan 14, 2010
Words:175
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