Chinese Investors Gain Access to SGX’s Securities Market Data

Singapore Exchange (SGX) has partnered with Shanghai Stock Exchange’s (SSE) subsidiary, China Investment Information Services (CIIS), to provide real-time market data on securities within Mainland China.

The distribution agreement will make real-time prices available for market participants in Asia’s most international marketplace, said the announcement.

China Investment Information Services will be responsible for the distribution, marketing and sales of key SGX securities data to market data vendors, brokers and media channels in China.

As investors gain exposure to additional investment opportunities, SGX will further support the initiative with on-the-ground investor education.

The securities market data offering in Mainland China means that investors can gain access to data on listed companies across wide-ranging industries, including SGX’s REITs (S-REITs) and Property Trusts.

Singapore is the largest REITs market in Asia besides Japan, with 42 S-REITs and Property Trusts and a combined market capitalization of over S$110 billion.

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, commented: “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.”

China Renaissance has recently expanded its post-trade processing relationship with Broadridge Financial Solutions in order to facilitate the clearing and settlement of both Shenzhen and Shanghai-listed equities.

The expansion builds on the solutions China Renaissance have offered clients in equity trading via Stock Connect, with Broadridge’s post-trade solution implemented in March 2020.

In 2016, Broadridge provided Hong Kong-listed equities processing to China Renaissance. Both firms are now jointly planning for upcoming market and regulatory changes, such as Hong Kong Exchange’s (HKEX) Synapse program and FINI (Fast Interface for New Issuance) proposal, which aims to replace the existing “T+5” process with “T+1” for newly listed shares on HKEX.