SGX quashes rumours of potential China stock trading link
Following a query from the MAS.
Singapore Exchange rejected reports that it is mulling a stock trading link along the lines of the Shanghai-Hong Kong stock connect.
The denial follows days of speculation among market watchers and the media, which in turn prompted a query from the Monetary Authority of Singapore (MAS).
"SGX is not currently in the process of establishing such a link, but remains open to future collaborations which benefit our partners and shareholders," the SGX stated.