,Singapore

SGX teams up with China Construction Bank to attract more Chinese listings

Both direct and secondary listings are on target.

The Singapore Exchange (SGX) has inked a memorandum of understanding (MOU) with China Construction Bank (CCB) to promote domestic capital markets to Chinese companies.

Under the MOU, SGX and CCB will collaborate to bring Chinese companies to list in Singapore, especially through SGX’s Direct Listing Framework.

CCB is among the issue managers accredited by SGX to assist companies in raising capital on the exchange. As part of the MOU, it will also advise its SGX-listed clients looking to tap the secondary market for further fund-raising.

The MOU will also encourage Chinese companies to issue offshore Renminbi bonds , undertake mergers & acquisitions, establish cross-border asset management services and other capital market activities in Singapore. In addition, CCB will explore derivatives trading, bond trading and other business activities in Singapore.

There are currently 120 Chinese companies and 103 RMB bonds listed on  

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Module integration and completion are not part of its responsibilities.
The company says it will continue to welcome feedback from workers.
OneMap3D data from ERA will be incorporated into its RealtyWatch mobile apps
$500,000 was contributed to the library's Green Grove showcase.
He has over 25 years of experience in business and risk roles.
The country also won 'Best Seaport in Asia' for the 33rd time.
Flight bookings were made available on 22 October.
Sembcorp Industrialshowed the most growth.
Analysts said there are three factors that drove the price growth.
Prices of private residential properties rose by 1.1% in Q3, marking the sixth consecutive quarter of growth.
72% of Singaporeans were aware of the term 'ESG.'
This strong performance was due to the recent acquisitions by the company.