B3, Brazil’s prominent exchange, has been actively reinforcing its financial bonds with China, marking a significant milestone of 20 years of collaboration. Establishing a presence in China is a strategic move for B3, enabling it to delve into the local capital and financial markets, thereby gaining valuable insights and exploring potential business opportunities.

Sérgio Gullo, the managing director of International Business Development and Client Relations, Asia & Oceania at B3, emphasizes the pivotal role of the B3 China Representative Office in nurturing cooperation between Brazil and China in the financial sector. The recent commemoration of the 20th anniversary of the B3 China Representative Office coinciding with the 50th Anniversary of Brazil-China Diplomatic Relations underscores the deep-rooted relationship between the two nations.

The successful China-Brazil Financial Forum held earlier this year and the renewal of the Memorandum of Cooperation between CSRC and CVM showcase the commitment of both countries to bolster financial market cooperation. Engagements with the Shanghai Stock Exchange and Shenzhen Stock Exchange, coupled with future collaborative initiatives like the ETF Connect, signify progressive steps towards enhancing ties and fostering new avenues for partnership.

Furthermore, collaboration with the Central Bank of China (PBOC) to facilitate information exchange regarding the bond market exemplifies B3’s dedication to cultivating enduring relationships with Chinese institutions. As B3 extends its well wishes for the lasting friendship between Brazil and China, the celebration of their enduring partnership reflects a promising future of cooperation in the financial realm.