Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 15 October 2021, 06:30 HKT/SGT

Source: ZALL Smart Commerce Group Ltd
Loh Boon Chye, CEO of SGX: Strengthen market connectivity and capital flows, and support China's internationalisation

SINGAPORE, Oct 15, 2021 - (ACN Newswire) - "To achieve its Five-Year Plan, including its 'dual circulation' and 'new development' strategies, China has continued to promote innovation, digital trade, and sustainable development, making a significant difference in the global landscape,"

Loh Boon Chye, Vice Chairman of WEF and CEO of SGX delivering his speech at the 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair thematic event "Digital Trade and Technology"

said Loh Boon Chye, Vice Chairman of the World Federation of Exchanges (WEF) and CEO of the Singapore Exchange (SGX), delivering a video address on October 13 at the "Digital Trade and Technology" theme event, during the 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair.

As an international multi-asset exchange, SGX is a strong supporter of China's internationalisation efforts across equities, fixed income, currencies, and commodities, and ultimately its economic growth, as capital flows and trade flows are inseparably linked. Loh says that the defining trends of our time, whether in digitalisation or sustainability, are borderless, and collaboration is essential to harness their fullest benefits.

At the same time, SGX continues to look for ways to strengthen market connectivity between Singapore and China, and Southeast Asia. SGX's Loh feels that Southeast Asia is fast leapfrogging in digitalisation, as reflected in an increasing number of technology unicorns. Technology is another means to enhance greater connectivity across borders and across multiple asset classes. "Digitalisation has the potential to transform the efficiency of capital markets and advance Asia's capital markets infrastructure," says Loh.

Loh Boon Chye said that Singapore has recently announced a range of initiatives to serve as Asia's leading enterprise financing hub, including establishing an investment fund, a Growth IPO Fund, and enhancing its Grant for Equity Market Singapore (GEMS) scheme. "We are continuing to build a more conducive ecosystem that enables growth capital for companies across their different stages of development, supporting Chinese enterprises as they expand globally.

With the unique position at the centre of the market ecosystem, Exchanges play an important role in their countries' economic development and sustainable society. In closing, Loh reiterated SGX's commitment to support China in its internationalisation journey and look forward to greater collaboration opportunities and mutual success.

The 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair, held in Wuhan, capital of China's Hubei Province, from October 12-26, 2021. The event has attracted representatives from 100+ countries, as well as over 10,000 merchants, experts and scholars. At the opening ceremony, 15 well-known enterprises and institutions from across the country signed a proposal to support the construction of a national trade logistics center in Wuhan. (

PRecious Communications for ZALL

Topic: Press release summary
Source: ZALL Smart Commerce Group Ltd

Sectors: Transport & Logistics, Retail & eCommerce, Daily Finance, Digitalization, ASEAN, Local Biz, Trade Finance
From the Asia Corporate News Network

Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

ZALL Smart Commerce Group Ltd
Oct 27, 2021 16:00 HKT/SGT
2021 Global Digital Trade Conference concludes; 15 days trade dialogues, 8,500 companies from 100 countries
Oct 18, 2021 06:00 HKT/SGT
Loh Boon Chye, CEO, Singapore Exchange (SGX): Strengthen market connectivity; support China's internationalisation
Oct 18, 2021 06:00 HKT/SGT
2021 Global Digital Trade Conference hosts "Digital Trade and Technology" themed event
Oct 15, 2021 06:30 HKT/SGT
Driving the Digital Economy - 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair presented 'Digital Trade and Technology' thematic in Wuhan, Hubei
Sept 1, 2021 14:00 HKT/SGT
ZALL Smart Commerce Group (2098.HK) increased revenue by 40.3% in 1H2021, aims for RMB100 billion on year
July 16, 2021 13:00 HKT/SGT
ZALL Makes Headway in Global Digital Trade with New Strategic Rebrand
June 17, 2021 20:30 HKT/SGT
Singapore's CIC to Establish its Global Digital Trade Platform in Chongqing's Guoyuan Port
June 17, 2021 09:00 HKT/SGT
Singapore's Commodities Intelligence Centre Signs Investment Agreement to Establish Its Overseas Digital Trade Platform in Chongqing's Guoyuan Port
May 14, 2021 10:00 HKT/SGT
Commodities Intelligence Centre and ZALL Group Wins Gold and Silver Awards at The 2021 Asia-Pacific Stevie Awards
Apr 16, 2021 09:00 HKT/SGT
Commodities Intelligence Centre (CIC) Sees 26% Jump in Registered Customers in 2020
More news >>
 News Alerts
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: