Luxembourg Stock Exchange signs a tri-party agreement with the Shanghai Stock Exchange and Bank of China

  • The Shanghai Stock Exchange (SSE), Bank of China (BOC) and Luxembourg Stock Exchange (LuxSE) agree on a cross-border collaboration to further develop the Green Bond Channel project.

  • Bank of China will act as the primary partner in offering related services to investors using the Green Bond Channel.

  • Launched in June this year, the Green Bond Channel gives international investors access to data and information on Chinese domestic green bonds listed in Shanghai.

  • Information about the green bonds listed on SSE is available in English on LuxSE.

The cooperation between the Luxembourg Stock Exchange and the Shanghai Stock Exchange focuses on providing relevant information in English about Chinese domestic green bonds to offshore investors. Bank of China, China’s most globalised and diversified bank providing financial services to customers across the Chinese mainland as well as in 54 countries and regions, will now act as the primary partner in offering related services to investors using the Green Bond Channel.

“We feel privileged that our fruitful relationship with both BOC and SSE allows us to continuously support the internationalisation of China's green finance market. I think initiatives like ours, to bridge the information gap and connect investors and issuers in full transparency, are of pivotal importance in growing the green finance market and pushing forward the climate transition,” commented Robert Scharfe, CEO of LuxSE, at the signing of the agreement in Shanghai.

China boasts one of the world’s largest bond markets, valued at USD 9 trillion, with a production of green and sustainable bonds in excess of RMB 250 billion (approx. EUR 33 billion). However, the market may appear off-limits to the international investor community due to the difficulties of accessing the right level of information on the traded bonds.