Shanghai, Saudi stock exchanges to explore cooperation including for cross-listings

Shanghai, Saudi stock exchanges to explore cooperation including for cross-listings

FILE PHOTO: A man wearing a protective mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. REUTERS/Aly Song/File Photo

The Shanghai Stock Exchange said it signed Memorandum of Understanding (MOU) with the Saudi Exchange in Riyadh on Sunday, to lay the foundation for future cooperation.