Offshore interest in Chinese equities boosts SGX China A50 futures
Singapore
REFLECTING the recovery of offshore interest in Chinese equities, the open interest of the Singapore Exchange (SGX) China A50 Index Futures surged to a 17-month high last month.
An SGX market update said that the open interest hit a notional US$2.2 billion in June, up 21.1 per cent from May. The value was the highest since February 2013.
TRENDING NOW
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully