SUBSCRIBERS

SGX hopes for greater links with Shanghai

Singapore Exchange is also studying the concept of crowdfunding, says head of listings

Published Thu, Dec 18, 2014 · 09:50 PM

Singapore

THE Shanghai-Hong Kong trading link may be the first of such China tie-ups with other exchanges, and head of listings at Singapore Exchange (SGX) Lawrence Wong is hopeful that Shanghai will extend a similar - though not identical - link to Singapore in the same way that it broadened its offshore yuan offering.

"They might want to do something different with us," Mr Wong told The Business Times in an interview on Thursday. "China would like to see more internationalisation of its currency. It goes hand in hand with the economic role it is playing."

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here