
SGX and CITIC Securities to develop bond and risk management products
It caters to international participants who are looking to invest in China’s bond market.
Singapore Exchange Limited (SGX) and CITIC Securities Company Limited (CITIC Securities) have inked a strategic cooperation agreement to collaborate across multiple areas, including fixed income, currencies and commodities (FICC), real estate investment trusts (REITs), as well as equity and debt capital markets, according to a press release.
Under the agreement, both parties will explore the feasibility of developing and listing new bond and risk management products for international participants who are looking to invest in China’s bond market.
Both parties will also work together to promote SGX’s REITs and large cap stocks in the Mainland China and Hong Kong markets, as well as engage and educate Greater China companies on the advantages of raising funds in Singapore’s capital markets.
The collaboration seeks to build out the REIT platform with new products that can enable greater investor participation in Singapore and Greater China.