Singapore to work with China on capital market development, MAS’s Loh says

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As China continues to develop its onshore capital markets, Shanghai and Singapore should come together and develop “appropriate risk management hedging tools”, the deputy managing director of the Monetary Authority of Singapore (MAS) has said. Speaking today (April 12) at the Singapore-Shanghai Financial Forum, Jaqueline Loh said a “wider suite” of risk management tools would be needed to support capital market liberalisation and renminbi internationalisation. Such tools would “address the