Singapore Exchange (SGXL.SI), Asia’s second most valuable bourse by market capitalisation, plans to introduce trading of American Depository Receipts in coming months, sources said on Wednesday.
The preliminary list of ADRs includes those of U.S.-listed Chinese stocks such as NetEase.com (NTES.O), Shanda Interactive (SNDA.O) and Baidu (BIDU.O), according to a draft SGX factsheet seen by Reuters.
“It’s something we are working on but we are not able to share at this stage,” an SGX spokeswoman said.
