Promoting High-Level Institutional Opening up of the Capital Market: SSE Conducts Overseas Exchange and Promotion Activities

Recently, the Shanghai Stock Exchange led a delegation of representatives from SSE-listed companies to conduct business exchanges and overseas roadshow activities in Germany, Switzerland, and the United Kingdom. Through one-on-one visits with the major foreign financial institutions, hosting centralized roadshow presentations, visiting overseas exchanges, and organizing investment exchange conferences, the stakeholders promoted and introduced the capital market opening-up measures, China Securities Index business, and SSE-listed companies. The ultimate goal was to tell the story of China's capital markets, highlight the investment value of A-shares, and comprehensively demonstrate the vitality and strong momentum of China's economic development.

SSE introduced China's capital market opening-up measures and recent optimization in areas such as market openness, institutional openness, and product openness. It also provided an overview of the key revisions to the newly amended and released Rules on Foreign Investors' Strategic Investment in Listed Companies. Five SSE-listed companies showcased their strengths from various perspectives in a comprehensive manner. They engaged in in-depth discussions with international investors on key topics of interest, including product innovation, diversified strategies, and competitive advantages within the global industrial chain.

Foreign institutions spoke highly of the progress and achievements that China has made to consistently advance the opening up of its capital market. They believe that in recent years, investing in China has become more convenient, efficient, and investor-friendly for foreign institutions. Several foreign institutions noted that the face-to-face communication during this event has helped to accelerate their decision-making process. They also make suggestions for further expanding the range of financial products available for foreign institutions investing in China, particularly the risk management tools. Multiple institutional investors noted that through direct face-to-face communication with the listed companies, they gained deeper insights into Chinese listed firms, which would lead them to make more mapping and sourcing as well as investing activities in Chinese listed companies in the future.

For the purpose of enhancing the international influence of A-share stock indices as well as facilitating and attracting more medium- and long-term foreign capital to invest in Chinese assets, SSE and CSI engaged with local investment institutions to discuss index-related business. The discussions involved key asset management institutions in the European market, including DWS, UBS Asset Management, and Crédit Agricole Corporate and Investment Bank, which collectively manage €5.5 trillion in assets under management (AUM) and oversee more than 900 ETFs. SSE and CSI introduced the development of index-based investment in China, with a particular focus on promoting core broad-based indices such as the CSI A100, A500, and STAR 50. On one hand, a diversified index system can provide access for the foreign institutions to allocate Chinese assets, which facilitates the "bringing in" process. On the other hand, it is necessary to encourage overseas asset management institutions to adopt the A-share indices and CSI ESG evaluation results, which can solidify the "going global" process of Chinese indices and ESG standards.

Translated from www.Yicai.com on December 4, 2024

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The above information is provided for reference purposes only and does not constitute investment advice.