The Luxembourg Stock Exchange has signed a memorandum of understanding (MoU) with the Bank of China that involves the creation of a strategic partnership between the two companies. According to the MoU, the Luxembourg Stock Exchange and Bank of China intend to cooperate in the listing of a wide range of securities. They also aim to promote Luxembourg as the ideal venue for international listings and to develop financial activities related to the internationalisation of the Chinese renminbi (RMB). Watch the video of the signing ceremony on 19, June 2014.