Singapore to Streamline Secondary-Listing Requirements for China Companies
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Singapore's central bank and stock-exchange operator plan to simplify secondary-listing requirements for China companies, including streamlined prospectus requirements. This move is part of efforts to deepen financial cooperation with China, including appointing DBS Bank as a yuan clearing bank and enhancing bond-market arrangements. Singapore aims to boost its capital markets with measures like a fund to inject liquidity into stock trading, focusing on small and mid caps. The FTSE Straits Times Index has surged over 20% year to date.
Source: MorningStar The copyright of this article belongs to the original author/organization.
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