China, Ukrain agree on stock information sharing

KIEV -- China Securities Regulatory Commission (CSRC) and Ukrainian National Commission for Securities and Stock Market (NCSSM) have signed a Memorandum of Understanding, in which the two sides agreed to share information relating to stock market operations, the Ukrainian government's press service announced Monday.

The document was signed by CSRC Chairman Xiao Gang and NCSSM chief Dmytro Tevelev, the press service said in a statement.

"We have created a uniform system for sharing professional experience and information that will help the functioning of our markets," Tevelev was quoted as saying.

Under the agreement, Ukrainian and Chinese regulators will provide each other with answers to information queries and data on offenses. They will also exchange methodological advices concerning securities and stock markets.