(22 Feb 2011)
1. Wide exterior of Hotel Unique
2. Mid exterior of hotel
3. Wide of credentials area
4. Wide of event sign and logo
5. Close-up of event sign and logo
6. Wide of auditorium and audience
7. Various of president of Brazilian Development Bank Luciano Coutinho at the podium
8. Close up of Coutinho, at the podium
9. SOUNDBITE: (Mandarin) Zhang Yujun, President of Shanghai Stock Exchange:
"We hope that by promoting capital markets through the exchange of information, we can cooperate closely with one another."
10. Mid of panel speakers
11. SOUNDBITE: (Portuguese) Edemar Pinto, President of BM&FBOVESPA, speaking through a screen:
"We are proud to have the opportunity to develop our relationship with the world's most dynamic economy, at a time when Brazil sparks the interest of foreign investors for its regulatory maturity and its operational transparency."
12. Wide of BM&FBOVESPA trading floor
13. Close up of trading screen
14. SOUNDBITE: (Chinese) Li Guoqiang, Executive Financial Director of Sany Heavy Industry Co., Ltd.:
"The memo of understanding will have a big long-term impact on my business. Through the close cooperation of the Brazilian and Chinese markets, Sany can speed up the pace of its international growth. Not just from the construction machinery angle, but also from the financial perspective. Sany can expand its brand name, boost the confidence of its clients, and enhance its financing capabilities."
15. Various of BM&FBOVESPA trading floor
16. SOUNDBITE: (English) Eduardo Guardia, BM&FBOVESPA's executive Financial, Corporate and Investor Relations director:
"This initiative will help market participants, broker houses, investment bankers, investors in both countries, to know better the investment opportunities they have in each country. And therefore, in the future, this initiative can help both countries not only to increase even more the exchange of information, but also investment from Brazil to China, from China to Brazil."
17. Various of exterior of BM&FBOVESPA building
Brazil's BM&FBOVESPA and China's Shanghai Stock Exchange held the first Brazil-China Capital Markets Forum on Tuesday at the Hotel Unique, in Sao Paulo.
On Monday, the two stock exchanges signed a memorandum of understanding, whereby they agreed to exchange information in the hope of bringing the two markets into closer cooperation.
The President of the Shanghai Stock Exchange, Zhang Yujun, spoke to the Brazilian and Chinese audience, emphasising his hopes that the agreement would bring the two countries closer economically.
Edemar Pinto, president of BM&FBOVESPA, could not be present at the event but sent a pre-taped message in which he expressed his hopes that the agreement would strengthen the relationship between the two countries.
While the agreement only stipulates an exchange of information between the two countries, according to Eduardo Guardia, BM&FBOVESPA's executive Financial, Corporate and Investor Relations director, it is intended to bolster trading and investment opportunities between the two countries.
Tuesday's forum was the first in a series of bi-lateral discussions over the next several months as Brazil and China continue to forge stronger economic ties.
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