---
title: "SG, Shanghai deepen bilateral trade"
description: "Bilateral trade between Singapore and Shanghai increased by 5.4% year-on-year in the first half of 2025. Singapore has over 6,800 projects in Shanghai, totaling more than $34 billion, while Shanghai c"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261545941.md"
published_at: "2025-10-17T03:55:55.000Z"
---

# SG, Shanghai deepen bilateral trade

> Bilateral trade between Singapore and Shanghai increased by 5.4% year-on-year in the first half of 2025. Singapore has over 6,800 projects in Shanghai, totaling more than $34 billion, while Shanghai companies have over 600 projects in Singapore, with investments exceeding $10.9 billion. OCBC Bank signed a Memorandum of Understanding with Shanghai fintech firm XTransfer to enhance cross-border financial solutions for international trade and will also collaborate with Shanghai Urban Construction International to expand its market presence in Singapore and other regions.

**OCBC Bank signed an MoU with Shanghai fintech firm, XTransfer.**

Bilateral trade between Singapore and Shanghai rose by 5.4% year on year in the first half of 2025.

On the investment front, Singapore recorded over 6,800 projects in Shanghai, amounting to more than $34b (US$27b) whilst Shanghai companies have more than 600 projects in Singapore, with investments reaching over $10.9b (US$8.5b).

In line with this, OCBC Bank signed an MoU with Shanghai fintech firm, XTransfer, to provide cross-border financial solutions for enterprises engaged in international trade.

OCBC Bank will also partner with Shanghai Urban Construction International to expand SUCI’s presence in markets such as Singapore, Hong Kong SAR, Macau SAR, and Malaysia.

($1=US$0.77)

### Related Stocks

- [O39.SG - OCBC Bank](https://longbridge.com/en/quote/O39.SG.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 华侨银行去年发行 71 亿元新元债券 位列承销商第一 \| 联合早报网 | 华侨银行（OCBC）在去年成为新元债券市场的最大承销商，发行规模达到 71 亿元，完成 59 笔交易，其中 22 笔为独家承销，创下新纪录。华侨银行以 23.53% 的市场份额连续第二年位列彭博社新元债券承销商排行榜第一，超越星展银行（DB | [Link](https://longbridge.com/en/news/274756334.md) |
| 华侨银行成立证券融资部门 把握机构需求增长机遇 \| 联合早报网 | 华侨银行成立证券融资专门部门，以加强对机构客户的服务。新部门由蔡伟光负责，预计到 2025 年 9 月 30 日，环球金融市场部的运营利润将比去年几乎翻倍。华侨银行是首家设立此部门的本地银行，全球证券融资需求持续增长，去年营收达 153 亿 | [Link](https://longbridge.com/en/news/273308219.md) |
| 新加坡银行任命陈异凯为环球首席财务官 \| 联合早报网 | 华侨银行旗下的新加坡银行任命陈异凯为环球首席财务官，负责集团财务与管理报告，并将加入全球管理委员会，向首席执行官汇报。陈异凯自 2009 年加入华侨银行，曾领导投资者关系事务，推动集团战略与资本市场沟通。此任命体现华侨银行对本地人才的承诺， | [Link](https://longbridge.com/en/news/272929428.md) |
| 萧振祥：新加坡要从投资 “着陆台” 成为企业 “起飞台” \| 联合早报网 | 新加坡交通部代部长萧振祥在经济策略检讨中期报告发布会上表示，新加坡应从吸引投资的 “着陆台” 转型为孕育全球企业的 “起飞台”，以创造更多优质工作。他强调经济增长与就业密切相关，并提出四项关键行动，包括巩固增长优势、拓展增长边界、建设人工智 | [Link](https://longbridge.com/en/news/274255303.md) |
| BOS 聘请了一位另类投资专家，专注于为超高净值客户提供解决方案 | 新加坡银行，作为华侨银行私人银行部门的一部分，已任命 Bernard Heng 为定制解决方案负责人，任命于 3 月 2 日生效。Heng 是一位在另类投资领域的专家，拥有丰富的财富管理背景，将专注于为超高净值客户开发量身定制的解决方案。他 | [Link](https://longbridge.com/en/news/275851736.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.