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SPB Exchange plans to launch trading in securities of Chinese companies

MOSCOW, May 18 – PRIME. SPB Exchange plans to launch trading in securities of Chinese companies in the next few weeks, said Roman Goryunov, General Director of SPB Exchange.

The Russian stock market is growing steadily at the start of trading

“As for China, we generally thought about it before. It’s not something new for us that we suddenly ran there,” he said at the conference “Financial Products for Retail Investors: Riding the Crisis.”

“It is clear that the infrastructure is now a little more difficult to build, but we have solved the main problems and are in the final stage. I hope that in the coming weeks we will launch and give investors the opportunity to trade these instruments,” added Goryunov.

He recalled that securities of many companies are traded on the Chinese market. “Usually we try with a certain number of dozens of securities, then we will expand the list of available instruments,” said the general director of the exchange.

SPB Exchange is the largest stock exchange in the Russian Federation that organizes trading in securities of international companies.

Source: 1prime

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