Standard & Poor's is joining up with the Shenzhen Stock Exchange (SzSE) in China to cooperate on ind...
Standard & Poor's is joining up with the Shenzhen Stock Exchange (SzSE) in China to cooperate on index development and product listings. The index provider today signed a memorandum of understanding, which authorises S&P to use its securities information to create and launch a series of investable and benchmark indices in China to meet the growing needs of global investors. It will also license the S&P 500 to allow the SzSE to develop a listed open-ended fund through its Qualified Domestic Institutional Investor program, which allows Chinese institutional investors to access overseas m...
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