China and Singapore are “making good progress” in developing an exchange traded fund connectivity programme, according to a statement from China’s securities regulator.
“Currently, there has been positive progress made in a joint programme between Shenzhen Stock Exchange and the Singapore Exchange, and both sides will actively push for early realisation of connecting the ETF markets,” according to a transcript of a speech made by Fang Xinghai, vice chair of the China Securities Regulatory Commission.
Fang did not elaborate further on how the two ETF markets would be connected nor the timeline of such a launch.
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