SINGAPORE (April 12): Singapore Exchange (SGX) has entered into a memorandum of understanding (MOU) with the Shanghai Pudong Development Bank (SPDB) for the purpose of strengthening capital market ties between Singapore and Shanghai, China.

SGX’s head of equities and fixed income, Chew Sutat, signed the MOU with Cui Bingwen, SPDB’s executive vice president of SPDB, at the third Singapore-Shanghai Financial Forum themed “Strengthening Singapore-Shanghai Collaboration in a Changing Financial World Order,” held in Marina Mandarin Singapore.

The signing was witnessed by SGX chairman Kwa Chong Seng, and Liu Xinyi, vice chairman and president of SPDB.

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