SGX names new head for China IPO business

Updated: 2011-07-29 14:13

(Xinhua)

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SGX names new head for China IPO business
The logo of the Singapore Exchange (SGX) is seen inside its building in Singapore April 19, 2011.[Photo/Agencies]

SINGAPORE-- Singapore Exchange hired a senior vice president to help tap the initial public offering (IPO) business potentials of Chinese firms, the exchange announced Friday.

Christine Lie will be senior vice president and head of listings for China starting from November 1, it said.

She will report to Executive Vice President and Head of Listings Lawrence Wong.

Lie will "lead ongoing efforts to help companies from China tap the international capital market. She will also drive efforts to provide the more than 150 China companies listed on SGX with services which will help them reach out to investors," the bourse said.

There are a total of 776 companies listed on the Singapore Exchange at the end of June.

Lie was previously vice president of the issuer marketing department at the Hong Kong Exchanges and Clearing, with about ten years of experience in growing its base of issuers, particularly from China.

"We are pleased to have Christine join our Listings team and lead our efforts in helping China companies access global investors via the Asian Gateway. Her appointment underscores our continued commitment to the China market and our focus on growing the pool of SGX-listed China companies," Wong said.