Shenzhen Stock Exchange launches Jilin branch

The Shenzhen Stock Exchange (SZSE) held a signing and unveiling ceremony for its new branch in Northeast China's Jilin province on Nov 11.

The new SZSE branch -- launched in Changchun, capital city of Jilin -- will support the province's revitalization and economic development, strengthen the stock market's listing service and promote the flotation of local companies.

In the future, the Jilin branch will harness the knowledge and experience of SZSE experts.

It will also augment the development strategy of the province, by facilitating the stock market listings of major enterprises in the automobile, petrochemicals, food, equipment manufacturing, and medicine and health industries -- supporting them to grow bigger and stronger, while improving the overall quality of quoted companies.

At the same time, the new branch will also have access to the rich product range of the SZSE, including bonds and asset securitization.

It will broaden the financing channels for local businesses, as well as strengthen matchmaking between enterprises and the SZSE's innovation and entrepreneurship investment and financing service platform.

In addition, it will provide more high-quality industry and finance matchmaking services, strengthen personnel training and exchanges and organize customized training, to help Jilin's economy attain high-quality development.

Local media reported that Jilin will leverage this initiative to undertake in-depth cooperation with the SZSE -- to provide one-stop, all-round, personalized and efficient services for local businesses to utilize the massive capital market.

After the unveiling ceremony, experts from the SZSE gave talks on the regulations of the growth enterprise market, key points about Initial Public Offerings (IPO), as well as provided details about fixed income products and other forms of investment.