Singapore exchange to list RMB equities

Under the agreement, the exchanges will jointly explore areas including product and market development, information sharing and human resources training.

Bocker said that it was a new opportunity to improve the Asian derivatives market and satisfy the diverse needs of global customers.

By the end of 2012, there were 772 companies listed on Singapore Exchange, 40 percent of which are from outside the country. It opened a representative office in Beijing in 2008.

Singapore Exchange now ranks as the world's seventh-largest listed exchange, with a market capital of $6.7 billion.

In 2012, the company achieved total revenue of 3.3 billion yuan, the second-largest in Asia. Its net profit was $241 million last year.