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Shanghai & New Zealand Exchanges sign MOU

Operational Update3 October 2018NZXFinancials

NZX Limited
Level 1, NZX Centre

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PO Box 2959

Wellington 6140

New Zealand

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4 October 2018


Shanghai & New Zealand Exchanges sign MOU


The Shanghai Stock Exchange (SSE) and New Zealand’s Exchange (NZX) have signed a

Memorandum of Understanding (MOU).


The memorandum was drafted in recognition of the friendship and close economic relationship

between New Zealand and the People’s Republic of China, and it is NZX’s desire to align with

the ‘One Belt One Road’ initiative. It marks the commitment of both exchanges to promote

confidence, co-operation and integration in the Asia-Pacific markets.


Under the memorandum terms SSE and NZX will look to agree a framework to assist each

exchange to work more closely to develop their respective markets, representatives from NZX

and SEE will meet in early 2019 to advance these discussions.


NZX Chair James Miller commented: “We are committed to connecting our listed companies to

international markets so they can grow, and today’s announcement is a further endorsement of

the strategy we have in place for building scale in the New Zealand market and providing a

better service offering for our customers.”


“Our relationship with the Shanghai Stock Exchange provides NZX with an important link to

Mainland China, which is New Zealand’s largest trading partner, and compliments agreements

we already have in place with the Nasdaq, and Singapore and Hong Kong exchanges.”


About New Zealand’s Exchange (NZX)

NZX operates New Zealand’s equity, debt, funds, derivatives and energy markets. To support

the growth of these markets, NZX provides trading, clearing, settlement, depository and data

services for its customers. NZX also owns Smartshares, New Zealand’s only issuer of listed

Exchange Traded Funds, and KiwiSaver provider SuperLife. More for information, please visit:

www.nzx.com


For further information please contact:

Hannah Lynch

Head of Communications

T: 09 308 3710

M: 021 252 8990

E: hannah.lynch@nzx.com

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