German and Shanghai bourses form JV


FRANKFURT: German exchange operator Deutsche Boerse is set to unveil a joint venture with Shanghai Stock Exchange (SEE) and China Financial Futures Exchange (CFFE) aimed at easing European investors’ access to Chinese shares and ETFs, two people familiar with the plans said.

The joint venture, which could be made public as early as today, would be based in Frankfurt and ensure that a range of yuan-denominated financial products would be available for trading, the people said.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Asia shares rise on rate cut bets; Aussie slips on RBA
UBS reports first profit since taking over Credit Suisse
Amazon to spend nearly US$9bil to expand cloud infra in Singapore
FBM KLCI pushes past 1,600
Ringgit opens higher against US$, other major currencies
KLK's recruitment issues to be short-lived, say analysts
Renewed bets on Fed cuts boost KLCI to 1,600
Wall Street closes higher for third session on rate cut optimism
Trading ideas: Ho Hup, Favelle, KKB, Nice, Sunzen Biotech, Sin-Kung, Ireka, Malaysian Genomics, RHB, Seng Fong
RBA to maintain key rate to restrain price pressures

Others Also Read