Shanghai, Tel Aviv stock exchanges ink deal

The Shanghai and Tel Aviv stock exchanges signed a cooperative agreement.

The deal will strengthen ties between the two exchanges, and delegations from each country will visit the other in an effort to stimulate both markets, The Jerusalem Post reported.

"We are delighted to sign this cooperation agreement between our two exchanges," said the CEO of the Tel Aviv Stock Exchange, Ester Levanon. "We are committed to working closely with Shanghai over the coming years and to create opportunities to develop investment between our markets."

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