On 17 April 2014, the Financial and Energy Exchange Group (FEX) and Shanghai Zhixin Carbon Asset Management Company entered into a co-operation agreement to explore mutually beneficial energy and carbon market development opportunities across Australia and China.
This co-operation agreement further signals FEX's focus on opportunities in the Asia-Pacific region, and mainland China in particular.
FEX has previously entered into co-operation agreements with the Shanghai Environmental and Energy Exchange, the China Beijing Environment Exchange and South-South Global Asset and Technology Exchange.
On the 30th of April 2013 at Sydney Town Hall, the winner of The Public Education Foundation’s Financial and Energy Exchange (FEX) Group Scholarship was announced.
The winner is Janeda Ong from Hurlstone Agricultural High School; she is currently in year 11.
The Public Education Foundation’s Finance and Energy Exchange (FEX) Group Scholarship is a highly competitive Scholarship which aims to encourage and support public school students interested in further their education prospects.
The Scholarship was open to all public school students in NSW, and Janeda was chosen from over 50 entries.
The Scholarship was given to Janeda Ong on the basis of her interest in economics, personal qualities and personal circumstances.
FEX would like to congratulate Janeda Ong on her achievement and looks forward to seeing her progress in the future.
On 22 June 2012, a delegation representing the Chinese National Centre for Climate Change Strategy Research and International Cooperation (NCSC), Tianjin Climate Exchange(TCX), China Beijing Environment Exchange (CBEEX) and Shanghai Environment and Energy Exchange (SEEE) visited FEX. The Chinese delegation was headed by Professor Li Junfeng, Director-General of NCSC.
Mr Tom Price, Executive Director of FEX received the delegation and made a technical presentation on FEX's Mercari Environmental Market.
Whilst at FEX, the delegation also held discussions with FEX management regarding exploring joint opportunities for conducting fair, orderly and transparent carbon markets across China and Australia. In addition, discussions were held to investigate opportunities for Chinese clean-tech and renewable business listings on the SIM VSE market, the cleantech sector-focused securities exchange in Australia.
The NCSC delegation was in Australia as official guests of the Australian Government and the Department of Climate Change and Energy Efficiency. During their visit, the delegation also had cause to meet with the Minister for Climate Change and Energy Efficiency, the Hon. Greg Combet MP.
On 14 November 2011, Mr Shen Feng, Vice President of the Shanghai United Assets and Equity Exchange (SUAEE), led a delegation to visit FEX. Mr Brian Price, Executive Chairman of FEX, received the delegation.
The purpose of the visit was to explore the potential for joint SUAEE/FEX and joint Australia/Shanghai business development opportunities with a view to a broader strategic partnership between SUAEE and FEX.
Mr Gu Zhen Fen, Honorary Chairman of Shanghai New World Co., Ltd, also joined the SUAEE delegation in this meeting with FEX.
Brian Price happily accepted the invitation to visit SUAEE and Shanghai New World Co., Ltd. in order to promote the efficient and effective access to global capital markets.
On 1 April 2010, Mr Wang Xinan, Mayor of Jiangyin City, led a business delegation to visit FEX. Mr Price, Chairman and CEO of FEX, received the delegation and made a presentation on behalf of FEX.
The delegation consisted of senior executives of businesses from the economically and socially buoyant Jiangyin City. Jiangyin City is located in the south of Jiangsu Province, a developed coastal province in eastern China.
Mayor Wang expressed his municipal government's commitment to a low carbon economy and confirmed that approximately 100 Jiangyin City-based businesses will seek listing on both onshore and offshore security markets within the coming year.
Mayor Wang was keen to support the local Jiangyin City clean-tech businesses in seeking listing on SIM Venture Securities Exchange, FEX's clean-tech equity market. Mr Price accepted Mayor Wang's invitation to visit Jiangyin City to meet with potential clean-tech listees.
Australia's Financial and Energy Exchange (FEX) and China Beijing Environmental Energy Exchange (CBEEX) today announced the joint signing of an agreement on comprehensive and strategic co-operation.
The core objective of this strategic co-operation agreement is to promote energy saving and carbon emissions reductions in Australia and China.
Through the agreement, which forms the basis of a wider Memorandum of Understanding and Co-operation (MOUC), both FEX and CBEEX will work together to:
As a further element of the MOUC, CBEEX and FEX will jointly establish the Beijing International Carbon Finance Research Institute and the Beijing Green Finance Association. These two entities will provide an important development platform for a new business sector and emission trading infrastructure in Beijing. Additionally, these entities will work toward the research, promotion and co-operation of international green finance in Beijing, including through regular events, such as the International Green Finance Forum.
Mr. Brian Price, Chief Executive Officer of FEX said "FEX is very pleased to enter into this co-operative and strategic relationship with CBEEX. As CBEEX is a leading environmental exchange group in China, we look forward to working with CBEEX to jointly facilitate sustainable development globally and especially within China".
Mr. Yan Xiong, Chairman of CBEEX said "In selecting out strategic partners, CBEEX seeks not only technical capabilities, but business and strategic flexibility to operate in our rapidly changing business environment. FEX clearly meets these criteria and we look forward to a strong co-operative relationship".
For detailed information please refer to the CBEEX website.