中国基金报·2025-11-20 00:22Core Viewpoint - The signing of the memorandum of cooperation between China Merchants Fund, Smart, and Bank of China New Zealand marks a significant step towards enhancing the connectivity and integration of the capital markets between China and New Zealand, aiming to develop cross-border investment products that meet the needs of investors from both countries [1][3][4]. Group 1: Partnership Details - The cooperation memorandum was signed on November 19, 2025, in Beijing, with the involvement of the New Zealand Stock Exchange and Bank of China [1]. - Smart, established in 1996 and fully owned by the New Zealand Stock Exchange, manages over NZD 15 billion in funds and offers 44 ETF products focused on various markets including New Zealand, Australia, the US, and global stocks [3]. - The partnership aims to leverage the experience of China Merchants Fund in ETF management, which spans 15 years, to better understand the New Zealand market and develop suitable cross-border investment products [3]. Group 2: Strategic Importance - The year 2025 marks the beginning of the second decade of the comprehensive strategic partnership between China and New Zealand, with China being New Zealand's largest trading partner [4]. - The collaboration is seen as a vital link in enhancing the relationship between the capital markets and asset management industries of both countries, with expectations for mutual benefits for investors [4]. - Bank of China emphasizes its role as a facilitator of cross-border financial cooperation, supporting the project and aiming to accelerate product innovation for shared market opportunities [4].