SIX opens China-Switzerland Stock Connect

Swiss exchangeSIX Swiss Exchange has launched the China-Switzerland leg of the Stock Connect scheme that will enable cross-border trading between the respective stock exchanges of Switzerland, Shanghai and Shenzhen. In the scheme’s opening week, four Chinese companies listed their global depositary receipts (GDRs) in SIX. GDRs are tradeable securities issued by a bank that represent shares in foreign equity shares deposited in the home country. According to a SIX statement, the scheme will offer a number of benefits to GDR issuers, including access to an international investor base in Switzerland and a more efficient listing process, while investors will get access to the Chinese investment market and new diversification possibilities. The SIX announcement comes on the back of an MoU signed back in 2019. It also follows a number of mutual access initiatives launched by Chinese stock markets, including the original Stock Connect programme launched in 2014 that linked the respective exchanges in Hong Kong and Shanghai. More recently, there has been the launch of Swap Connect, which will create mutual access for the interbank interest rate swaps markets in Hong Kong and the Chinese mainland. © 2022 funds global asia

Executive Interviews

Executive interview: PGIM CEO on where the ESG flowers should bloom

Sep 27, 2021

David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as...

Executive interview: Nicolas Moreau’s orderly transition

Jul 12, 2021

Nicolas Moreau, CEO of HSBC Asset Management, is moving to Asia as the firm looks to connect more directly with the region’s growth story. ESG is also a key focus – including the ‘just’ carbon...


Roundtable: Singapore comes of age as an Asian ESG hub

Dec 01, 2021

Strong ESG credentials strengthen the case for Singapore as a leader in Asia of the post-Covid recovery. Our panel discusses the risks and opportunities.

Roundtable: How well geared are Japanese assets for a new world?

Jul 12, 2021

As we prepare to emerge from Covid, experts look at overcoming demographic issues through a combination of good tech and corporate governance, improving productivity and meeting an ambitious government carbon emissions reduction target. Chaired by Romil Patel.