Singapore exchange to list RMB equities
Updated: 2013-04-11 10:14
By Chen Jia (China Daily)
|
||||||||
Under the agreement, the exchanges will jointly explore areas including product and market development, information sharing and human resources training.
Bocker said that it was a new opportunity to improve the Asian derivatives market and satisfy the diverse needs of global customers.
By the end of 2012, there were 772 companies listed on Singapore Exchange, 40 percent of which are from outside the country. It opened a representative office in Beijing in 2008.
Singapore Exchange now ranks as the world's seventh-largest listed exchange, with a market capital of $6.7 billion.
In 2012, the company achieved total revenue of 3.3 billion yuan, the second-largest in Asia. Its net profit was $241 million last year.
- Li Na on Time cover, makes influential 100 list
- FBI releases photos of 2 Boston bombings suspects
- World's wackiest hairstyles
- Sandstorms strike Northwest China
- Never-seen photos of Madonna on display
- H7N9 outbreak linked to waterfowl migration
- Dozens feared dead in Texas plant blast
- Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
TCM - Keeping healthy in Chinese way |
Poultry industry under pressure |
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
Beyond Yao
|
Money power |