New China IPOs to be of 'better quality'
But firms won't be able to come here until H2 next year or even 2015: OCBC
BETTER-QUALITY Chinese companies will come to Singapore following last month's agreement between the regulators of the two countries.
And, some of the Chinese companies which will come here will be the larger state-owned enterprises, said Tay Toh Sin, OCBC Bank head of corporate finance.
But it won't happen until the second half of next year or even 2015 as it takes about nine months to prepare a company for listing, she added.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Brokers’ take: SAC Research initiates ‘buy’ on Soilbuild with S$0.04 target
Aramco to pay US$31 billion dividend as Saudi posts budget deficit
PetroVietnam announces new oil discoveries with initial reserves of 100.5 million barrels
UBS reports first profit since taking over Credit Suisse
Amazon’s AWS commits extra S$12 billion to boost Singapore cloud infrastructure
New Thai finance chief wants monetary, fiscal policies aligned