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Singapore, Shanghai Exchanges Sign Market Data Deal

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Singapore Exchange (SGX) has entered into an agreement with Shanghai Stock Exchange’s (SSE) wholly-owned subsidiary, China Investment Information Services (CIIS), to distribute its securities market data within Mainland China.

Under the agreement, CIIS will be responsible for the distribution, marketing and sales of key SGX securities data to market data vendors, brokers and media channels in China, giving investors exposure to additional investment opportunities. SGX will further support this initiative with on-the-ground investor education.

Investors can gain access to data on listed companies across wide-ranging industries, including SGX’s REITs (S-REITs) and Property Trusts. Singapore is Asia ex-Japan’s largest REITs market with 42 S-REITs and Property Trusts, which have a combined market capitalization of over S$110 billion ($82 billion).

Ng Kin Yee, SGX

Ng Kin Yee, Managing Director, Head of Data, Connectivity and Indices at SGX said, “Market participants require reliable and timely information to make investment decisions, and we are excited to bring our international offerings to investors in China. As we expand our partnership with SSE, we look forward to strengthening the link between Singapore and China’s capital markets and further support China’s internationalization efforts.”

Wang Wei, Managing Director, China Investment Information Services Ltd said, “We are very pleased to cooperate with Singapore Exchange. We hope that by availing more market information products, Chinese market participants will have better knowledge and understanding of portfolio management. We are also looking forward to reinforcing our partnership and exploring further collaboration in other areas.”

CIIS is expected to commence distributing SGX’s securities market data with effect from today.