INTERNATIONAL: SGX Group and SSE Launches Shanghai-Singapore ETF Connectivity

Thursday December 7 2023

On 4^th December 2023, Shanghai Stock Exchange (SSE) and Singapore Exchange (SGX Group) launched the Shanghai-Singapore ETF Connectivity.

The Shanghai-Singapore ETF Connectivity will facilitate cross-border investment and financing, promote global allocation of resources, and contribute to a new development pattern of mutual integration between the capital markets of China and Southeast Asia countries.

The investment scope of SSE’s cross-border ETFs covers the markets in the United States, Germany, France, Japan, the Republic of Korea, Singapore, and Hong Kong. The introduction of the Shanghai-Singapore ETF Connectivity will enrich the cross-border fund product system of the SSE, enhance the international development capabilities of the asset management industry, and cater to the wealth management needs of residents. Moving forward, under the unified arrangement and guidance of the China Securities Regulatory Commission, the SSE will expand the depth and breadth of cross-border ETF cooperation, improve the ETF Connectivity mechanism, attract medium and long-term funds from both domestic and overseas sources, and promote the high-standard institutional two-way opening up of the capital market.

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