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CEFC founder's arrest 'unlikely to affect Singapore's third derivatives exchange'

But news of detention sends shares of three CEFC-linked companies plunging in HK, Shenzhen and Singapore

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Chinese President Xi Jinping's shock detention of oil baron Ye Jianming is unlikely to derail plans to launch Singapore's third derivatives exchange, which is backed by CEFC China Energy, the company he founded.

Singapore

CHINESE President Xi Jinping's shock detention of oil baron Ye Jianming is unlikely to derail plans to launch Singapore's third derivatives exchange, which is backed by CEFC China Energy, the company he founded.

Early this week, Chinese-backed Asia Pacific Exchange (Apex

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