Last updated at: (Beijing Time) Tuesday, November 27, 2001
China B-share Available by E-trading System in Singapore
Approved by departments concerned of the Singaporean government, Bank of Communications Singapore Sub-branch will be permitted for engaging in China's B-share commission trade in Singapore. It is estimated that Singaporean may buy China's B shares at home by the automatic electronic system linking the two countries next January.
Approved by departments concerned of the Singaporean government, Bank of Communications Singapore Sub-branch will be permitted for engaging in China's B-share commission trade in Singapore. It is estimated that Singaporean may buy China's B shares at home by the automatic electronic system linking the two countries next January.
As reported, the sub-branches of the Bank of China and the Industrial and Commercial Bank of China started their commission trade of China B-share in 1994 and 1995 respectively, with clients consisting of most Chinese working there and a few Singaporean who know China a bit better.