Shanghai and Korean bourses agree to launch ETF Connect Toggle share menu Advertisement 11 May 2021 09:05PM Share this content Bookmark SHANGHAI: Shanghai and Korean exchanges have agreed to launch a cross-border scheme for exchange-traded funds (ETFs), and aim for closer cooperations in index development and bond markets, the Shanghai Stock Exchange (SSE) said on Tuesday. SSE general manager Cai Jianchun and Korea Exchange chairman Sohn Byungdoo signed a memorandum of understanding (MOU) for closer partnership during a virtual meeting on Tuesday, SSE said in a statement. Advertisement Advertisement The agreement, which will facilitate cross-border investment between China and Korea, comes as the two Asian countries will celebrate 30 years of diplomatic ties next year. China is also Korea's biggest trading partner.