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SGX, China Construction Bank sign MOU

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SGX, China Construction Bank sign MOU

SingaporeExchange Ltd. signed a memorandum of understanding with topromote Singapore's capital markets to Chinese companies.

Under the agreement, SGX and China Construction Bank willcollaborate on bringing Chinese companies to list in Singapore, SGX said April25.

China Construction Bank will also advise its SGX-listedclients looking to tap the secondary market for further fundraising. The bankwill also explore derivatives trading, bond trading and other businessactivities in Singapore.