Shenzhen Stock exchange

UOBAM Ping An ChiNext ETF marks debut listing on SGX, Shenzhen Stock Exchange collaboration - THE EDGE SINGAPORE

IPO

UOBAM Ping An ChiNext ETF marks debut listing on SGX, Shenzhen Stock Exchange collaboration

The ETF seeks to replice the ChiNext Index, comprising the 100 largest and most liquid A-shares.
SGX and Shenzhen Stock Exchange sign accord to set up ETF link - THE EDGE SINGAPORE

Company in the news

SGX and Shenzhen Stock Exchange sign accord to set up ETF link

Singapore-listed ETFs exceeded $12 billion in assets by end-November, up close to 50% y-o-y.
Wilmar reports record 3Q core net profit of US$501.4 mil - THE EDGE SINGAPORE

Results

Wilmar reports record 3Q core net profit of US$501.4 mil

In addition, a special dividend of 15% of YKA's total IPO proceeds will be declared in 2021 to commemorate its listing.
Wilmar subsidiary IPO shares to commence trading on Oct 15 - THE EDGE SINGAPORE

IPO

Wilmar subsidiary IPO shares to commence trading on Oct 15

Accordingly, YKA has become a 89.99%-owned subsidiary of Wilmar.
Wilmar subsidiary to IPO at issue price of $5.16; expects to raise $2.79 bil - THE EDGE SINGAPORE

IPO

Wilmar subsidiary to IPO at issue price of $5.16; expects to raise $2.79 bil

The price translates to a price-to-earnings multiple of 31.12x.

Investing ideas

Wilmar's YKA Shenzhen listing to raise visibility of China business

SINGAPORE (July 16): The Arawana brand of cooking oil in China -- with its large Chinese characters “Jin Long Yu” in gold and distinctive image of the popular tropical aquarium fish – is well known and trusted by housewives from Shanghai to Shenzhen

Saxo clients can now trade China A-shares listed on Shanghai, Shenzhen stock exchanges

(June 19): Clients of Saxo, the fintech specialist focused on multi-asset trading and investing, can now trade China A-shares listed on the Shanghai and Shenzhen stock exchanges.

Global Economy

GLP gets green light to issue onshore Belt & Road bonds in China

SINGAPORE (Jan 5): Global Logistic Properties (GLP) has received approval from the China Securities Regulatory Commission (CSRC) to issue up to RMB 12 billion ($2.46 billion) of RMB-denominated ‘Belt & Road’ (B&R) bonds on the Shenzhen Stock Exchange.
Shenzhen Stock exchange

Global Markets

Shenzhen opens stock market up to the world, is little noticed

HONG KONG (Dec 6): Almost lost in the barrage of antagonistic tweets by Donald Trump and the results of the Italian referendum was the opening up of China’s second-largest equity market to the rest of the world.
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