Development of New Environment for Expanding Opportunities for Investment in Japanese and Chinese Securities Markets via Use of ETFs - Japan-China ETF Connectivity

Japan Exchange Group, Inc. ("JPX") and Shanghai Stock Exchange ("SSE") have today agreed to strengthen the cooperative relationship for discussions and promotional activities for creating schemes to facilitate listing of ETFs whose trust assets are of Japanese and Chinese asset classes.

Moving forward, JPX and SSE will actively cooperate in two main areas: (i) conducting feasibility studies about developing a new environment for expanding opportunities to invest in each other's securities markets through the use of ETFs and (ii) investor-oriented promotional activities regarding Japanese and Chinese securities markets.
The exchanges will discuss more details in cooperation with related parties and aim to further develop the Japanese and Chinese capital markets through expanding opportunities for investing in the two countries.