Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.
Find out more at btsub.sg/promo
Singapore Exchange (SGX) on Wednesday clarified that it is not currently in the process of setting up a stock trading link that is similar to the Shanghai-Hong Kong Stock Connect.
But, SGX remains open to "future collaborations which benefit its partners and shareholders", the company said.
This was in response to a query on Wednesday from its regulator, the Monetary Authority of Singapore, over news reports on Tuesday and Wednesday.
Reports on SGX's shares surging to a five-year high on Tuesday had cited market speculation over a trading link between Singapore and China, along the lines of the Shanghai-Hong Kong Stock Connect.