Guotai Junan Futures Singapore Co., Ltd. started its business operation and signed strategic cooperation with Bank of China Singapore Branch and Shengbao Bank ...

2month21On the morning of the th, Guotai Jun'anfutures(Singapore) Co., Ltd. held a business launch ceremony in Singapore. He Qing, Secretary of the Party Committee and Chairman of Guotai Jun'an, Cheng Jun, President of Bank of China Singapore Branch and Honorary President of China Enterprise Association (Singapore), Paul Desheng, Vice President of Singapore Exchange, Adam Reynolds, CEO of Sempo Bank Asia Pacific, and from the Chinese Embassy in Singapore, the Monetary Authority of Singapore, various futures exchanges, financial institutions Cooperative enterprises and other units60More than guests attended the event.

On the day of the event, Sun Haiyan, the Chinese ambassador to Singapore, met with He Qing and his delegation, and the two sides had in-depth exchanges on topics such as deepening China Singapore economic and trade cooperation and jointly building the "the Belt and Road" with high quality. In recent years, Guotai Jun'an has continued to improve its strategic layout in major international financial centers such as Hong Kong, Singapore, London and New York, as well as countries and regions along the "the Belt and Road" such as Vietnam and Macao, striving to serve Chinese enterprises going global and help overseas institutions invest in China. In the future, Guotai Junan will actively leverage its professional advantages, strengthen government enterprise cooperation with the Chinese Embassy in Singapore, better showcase the investment value and growth potential of the Chinese market, and jointly tell the story of China, making greater contributions to attracting global investors to deeply participate in the China Singapore capital market.

At the business launch ceremony, He Qing said that Singapore is a pearl on the thoroughfare between the two oceans, an important fulcrum country along the "the Belt and Road" and a global financial center. In recent years, China Singapore relations have continued to heat up, and financial cooperation has entered a new stage of high-quality development. Guotai Junan continues to deeply cultivate the Singapore market and has established Singapore Asset Management Company and Securities Company successively. With the comprehensive recovery of the world economy after the epidemic, the prospects for economic and trade cooperation between China and Singapore are becoming increasingly broad, and the demand for cross-border financial services is expected to experience leapfrog growth. Guotai Junan will take the launch of the futures Singapore company business as an opportunity, fully leverage the advantages of the group's comprehensive service platform, focus on building a distinctive brand for cross-border derivatives business, work together to build an open financial ecosystem, and fully promote the global strategic layout of "deeply cultivating local areas, laying out Asia Pacific, and covering major global financial markets", making new and greater contributions to promoting the interconnection of China Singapore capital markets.

Cheng Jun stated that Bank of China is actively building a bridge for economic and trade cooperation and exchange between China and Singapore, and has established close cooperative relationships with Chinese financial institutions such as Guotai Jun'an, jointly promoting financial cooperation between China and Singapore and serving foreign investors to invest in the Chinese financial market. Guotai Jun'an is an important strategic partner of Bank of China, and the two sides have achieved fruitful cooperation in science and technology finance, cross-border finance, wealth finance, green finance and other fields. In the future, Bank of China Singapore Branch will work together with Guotai Junan Futures Singapore Company to provide more comprehensive and high-quality financial services for Chinese and Singaporean enterprises and investors.

Bao Desheng stated that Singapore is a leading financial and wealth management center and a gateway country to the Asia Pacific region. The establishment of a futures subsidiary of Guotai Junan in Singapore will bring huge opportunities, and the Singapore Stock Exchange will strongly support the development of Guotai Junan's business. since2020Since the signing of a memorandum of cooperation between the New Exchange and Guotai Jun'an in, the two sides have actively engaged in cooperation in areas such as fixed income, currency, commodities, and capital markets, and have made significant progress. along with2022year1Regional Comprehensive Economic Partnership Agreement（RCEP）Officially effective, the cooperation between the Singapore Stock Exchange and Guotai Jun'an will become an important bridge for cross-border capital flows between the two regions, boosting the entry of Chinese and ASEAN investorsREITs、ETFAnd the Chinese stock market.

Adam Reynolds stated that Shengbao Bank has always held a leading position in global electronic trading and investment, and Guotai Junan is a leading large-scale comprehensive securities firm in the Chinese securities industry, committed to promoting the globalization of the Chinese securities market for a long time. The cooperation between the two sides has a profound and enduring history. In the future, we hope that both parties can engage in brokerage, transaction settlement, asset custodyforeign exchangeWe will conduct in-depth cooperation in various fields such as futures, wealth management, business training, and information exchange to achieve complementary advantages, promote mutual benefit and win-win results, inject new vitality into the global market, and make new contributions.

During the event, Guotai Junan Futures (Singapore) Co., Ltd. held a business launch ceremony. As a new driving force and fulcrum for the cross-border financial development of Guotai Junan, Guotai Junan Futures (Singapore) Co., Ltd. will gather high-quality resources from the entire group, actively implement various regulatory requirements of the Monetary Authority of Singapore, deepen open cooperation with the Singapore Stock Exchange and financial industry, and vigorously promote futures derivativesForeign exchange transactionsBusiness collaboration in the fields of commodity trade, wealth management, etc. provides efficient 24-hour business support and diversified investment channels for customers, better meeting their cross-border financial and global asset allocation needs.

At the meeting, Guotai Junan Futures (Singapore) Co., Ltd. signed strategic cooperation agreements with Bank of China Singapore Branch and Shengbao Finance (Singapore) respectively.