SGX, Shenzhen exchange to link ETF markets in Singapore and China
SINGAPORE (THE BUSINESS TIMES) - Local bourse operator Singapore Exchange announced on Tuesday (Dec 28) that it had signed a memorandum of understanding (MOU) with its Chinese counterpart, the Shenzhen Stock Exchange (SZSE), to establish an exchange-traded fund (ETF) link.
Under the MOU, SGX and SZSE will look to list feeder ETFs which link locally listed ETFs to ones listed on the other exchange, offering investors a wider range of investment options and allowing domestic ETF issuers to tap cross-border capital flows.
This comes as Singapore and China are set to mark more than three decades of diplomatic ties at the upcoming 17th Joint Council for Bilateral Cooperation on Wednesday, co-chaired by Chinese Vice-Premier Han Zheng and Deputy Prime Minister Heng Swee Keat.
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- huuou·2021-12-29What can ordinary investors get from it? Is this good or bad?1举报
- uuunited·2021-12-29This is equivalent to that Chinese investors can indirectly invest in the Singapore stock market. Good luck to everyone.1举报
- MilkTeaBro·2021-12-29China A share P/E is higher than SG stocks, SG ETF is attractive for Chinese.点赞举报
- lemonadey·2021-12-29Great. I hope our retail investors can make money every day.1举报
- letgo09·2021-12-29Good news. I can finally use ETF to invest in Singapore stocks.1举报
- dimsum·2021-12-29It is good news for these stock exchanges. Thank you for sharing!1举报
- 泰格hebe·2022-01-03👍1举报
- Fight_123·2022-01-03没看到点赞举报
- 神奇财妈·2022-01-03好点赞举报