Country for PR: China
Contributor: Xinhua News Agency
Thursday, January 19 2023 - 18:19
AsiaNet
Guotai Junan, Bloomberg forge strategic partnership to serve higher quality opening-up of China's capital market
SHANGHAI, Jan. 19, 2023 /Xinhua-AsiaNet/--

Guotai Junan Securities and Bloomberg L.P. signed on Monday strategic 
collaboration pacts to better seize opportunities in the higher quality 
opening-up of China's capital market.

The Chinese securities broker will thoroughly leverage its core capacity and 
advantages in comprehensive services platforms, digital technology and prudent 
compliance culture to forge pragmatic, profound and new cooperation modes with 
Bloomberg.

Under the modes, Guotai Junan Securities pledged to dig opportunities in 
serving sci-tech innovation and people's livelihood, promote its 
internationalization, practice ESG philosophy and further explore core areas to 
craft an open securities ecology during the two-way opening-up of capital 
market in China. Bloomberg, as an all-around partner for financial institutions 
in China, will facilitate the securities broker's international drive.

Specifically, the two sides vowed to advance cross-industry service-scape 
integration, data resource sharing and sci-tech capacity complementation, 
deepen securities broker digital transformation, optimize domestic and outbound 
investment strategies and procedures, strengthen risk management, ESG study and 
data cooperation and jointly develop innovative indexes products to present the 
unique value of China's capital market.

On Monday's ceremony, Guotai Junan Securities' board chairman He Qing and Li 
Bing, head of Bloomberg in Asia Pacific witnessed signing of the strategic 
collaboration agreements. Luo Dongyuan, vice president of Guotai Junan 
Securities and Wang Dahai, head of Greater China at Bloomberg inked the 
agreements as respective representatives of the two parties, with Yu Feng, 
chief information officer of the former also taking part in the ceremony. 

Source: Guotai Junan Securities