SET President Pakorn Peetathawatchai said that SET partners with SSE to distribute investment information of Thai and Chinese securities to be more widely known, under the Memorandum of Understanding (MoU) on Index Cross-border Cooperation signed by SET and China Securities Index Company Limited (CSI) which compiled and distributed the SSE group's indices.
The distribution of the Thai capital market's index data through CSI website is to enhance the potential and investment attractiveness of the Thai capital market, and enable investors in China to analyze the information before making investment decision. CSI has an average 8,000 data users per day. The index cooperation is a part of SET's strategic plans to link investment opportunities abroad.
This cooperation on the mutual display of index derived from discussions between SET and SSE to deepen bilateral cooperation in the financial sector, which marks the first time that the Shanghai Stock Exchange has collaborated with an exchange in the ASEAN region in the field of indices, ZHANG Zhiming, head of CSI, said, adding that the cooperation has provided an effective channel for promoting mutual understanding between China's domestic capital market and Southeast Asian capital markets. CSI is pleased to be a part in this cooperation that helps enhancing the international influence of local indices.
Investors can keep updated with the information dissemination of SET's indices consisting of SET Index, SET 50 Index, and SET THSI Index at www.csindex.com.cn, as well as the SSE's indices consisting of SSE Composite Index, SSE 50 Index, SSE Science and Technology Innovation Board 50 Index, CSI 300 Index, and CSI Smallcap 500 Index at www.settrade.com under the Global menu named "International Index Cooperation".
SET and SSE have signed an MoU since 2010 to expand opportunities for Thai and Chinese securities to be more widely known, ready to connect the two markets to broaden fundraising alternatives. Over the past years, SET and SSE have exchanged personnel and organized activities to enhance knowledge continuously.
Source: SET Corporate Communications