Shenzhen Stock Exchange (SZSE) and Japan-based Osaka Securities Exchange (OSE) have signed a memorandum of understanding (MoU) covering mutual visits, professional training and information sharing.

SZSE president Song Liping said that the two exchanges are mutually complementary with great potential for cooperative endeavors of common interest. With increasingly close economic ties between China and Japan in capital markets, the cooperation between SZSE and OSE will be more focused and reach greater depths.

OSE deputy president Manabu Matsumoto said that OSE also dedicates itself to meeting the financing needs of growth companies.

“In 2009 OSE merged with Jasdaq. On the basis of consolidation of JASDAQ and Hercules, OSE will launch new JASDAQ market in October this year. We believe the signing of the MOU with SZSE will be a significant step towards internationalization of the new JASDAQ market,” Matsumoto said.