Country for PR: China
Contributor: Xinhua News Agency
Tuesday, March 07 2023 - 21:39
AsiaNet
Guotai Junan Futures Singapore starts formal operation
SHANGHAI, March 7, 2023 /Xinhua-AsiaNet/--

Guotai Junan Futures (Singapore) PTE. LTD., a wholly-owned company of Guotai 
Junan futures, started formal operation Tuesday, marking a key step forward of 
Guotai Junan Securities' business layout in Singapore futures market.

To strengthen market existence in Singapore, Guotai Junan Securities has set up 
asset management company and securities company in Singapore. As a new fulcrum 
for the cross-border financial development of Guotai Junan, the 
newly-established Guotai Junan Futures (Singapore) PTE. LTD. will gather 
high-quality resources of the whole group, and actively implement the 
regulatory requirements of the Monetary Authority of Singapore (MAS).

Besides, the company will deepen cooperation with Singapore Exchange (SGX) as 
well as other financial companies, and vigorously promote business synergy in 
futures derivatives, foreign exchange transactions, commodity trading, wealth 
management, etc., so as to provide customers with efficient round-the-clock 
business support and diversified investment channels to better meet their 
cross-border financial and global asset allocation needs.

In the future, Guotai Junan will accelerate its globalization strategic layout 
and make greater contributions to the high-quality development of Belt and Road 
Initiative and the promotion of the interconnection of China-Singapore capital 
markets.

At the launching ceremony, Guotai Junan Futures (Singapore) signed strategic 
cooperation agreements with Bank of China Singapore Branch and Saxo Capital 
Markets Singapore respectively.

Prior to the event, Guotai Junan cooperated with the SGX and released the 
Guotai Junan Enhanced All Weather Multi-Asset Index, which marks a new attempt 
of promoting Chinese assets and Chinese indices to go international.

Source: Guotai Junan Securities