积极参与中国金融市场国际化进程

Core Insights - Singapore Exchange Group (SGX) plays a crucial role as a bridge connecting Asian and global capital markets, particularly focusing on enhancing cooperation between China and Singapore's capital markets [1][2] - SGX aims to attract Chinese companies for listings, providing a platform for international market financing and supporting their global expansion [2][3] Group 1: Strategic Focus - SGX's strategic priority is to deepen cooperation in capital markets between China and Singapore, facilitating the flow of capital for China-related products [1][2] - The exchange is committed to enhancing the internationalization of its products and services, creating a robust ecosystem to support Chinese companies in their global endeavors [1][2] Group 2: Listing Process and Support - SGX has implemented a "policy package" to attract Chinese companies, expanding the scope for secondary listings and improving process transparency and investor access [2][3] - The typical timeline for IPO applications at SGX is now 6 to 8 weeks, providing greater certainty for applicants [2][3] - SGX collaborates closely with companies pre-IPO and offers ongoing research support post-listing, including a market maker program to enhance stock liquidity [2][3] Group 3: Market Ecosystem and Investor Base - Approximately 20% of listed companies on SGX are from Greater China, spanning various industries, indicating a strong presence of Chinese multinational corporations [3] - The Monetary Authority of Singapore has launched a S$50 billion "Securities Market Development Plan" to enhance the competitiveness of the Singapore securities market [3] Group 4: ETF and Index Development - As of July 2023, 10 cross-border ETF products have been launched under the China-Singapore ETF mutual access mechanism, marking a significant milestone [3][4] - A new index, the China Securities SGX Asia Emerging Markets Technology Index, will be launched in January 2024, focusing on technology sectors in Asia [5] Group 5: Future Goals and Technological Integration - SGX aims to become a leading international exchange, facilitating connections between global investors and Asian markets [7] - The exchange is integrating AI technology into its operations to enhance market surveillance, operational efficiency, and customer interaction [6][7]