The Shenzhen Stock Exchange, along with the Shanghai Stock Exchange, engaged in discussions with foreign institutions to gather insights on market developments. This move signifies a strategic effort to enhance the openness and quality of China’s capital markets. The Shanghai Stock Exchange recently convened a meeting with representatives from eight foreign institutions to deliberate on comprehensive reforms in the capital market. Similarly, the Shenzhen Stock Exchange also held a meeting with foreign institutional investors to gather feedback on recent A-share market trends.

Both exchanges reiterated their dedication to further opening up China’s capital markets and expressed a desire for foreign institutions to collaborate in driving comprehensive reforms and achieving high-quality development. During these meetings, foreign institutions praised the Chinese government’s policy measures and unwavering commitment to ensuring stable economic growth. They acknowledged the effectiveness of existing policies and the introduction of new measures following significant meetings held by the Political Bureau of the CPC Central Committee and the Central Economic Work Conference.

The Shanghai Stock Exchange meeting primarily focused on enhancing market openness and promoting high-quality development. Suggestions put forth included refining mechanisms like the Stock Connect and QFII, easing foreign investor access to A-shares, improving policy communication, encouraging top-tier listed companies to participate in overseas roadshows, and enhancing shareholder returns and corporate governance practices.

Conversely, the Shenzhen Stock Exchange meeting highlighted the strong foundational support for a positive long-term outlook on China’s capital market. Sectors like high-end manufacturing, information technology, and consumer electronics were identified as having significant long-term investment potential. Participants reaffirmed their commitment to expanding and deepening their presence in the Chinese market, emphasizing the pivotal role foreign institutions play in the A-share market.

A Shenzhen Stock Exchange official emphasized the exchange’s focus on transparent communication with foreign institutions to create an environment conducive to their investment and operations in China. The goal is for foreign investors to maintain confidence, adopt a long-term perspective, and actively contribute to the sustained and robust growth of China’s capital market.

These engagements with foreign institutions underscore China’s proactive approach to international collaboration and market development, signaling a positive step towards enhancing the global perception and participation in Chinese financial markets.