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China Securities Regulatory Commission (CSRC) and Monetary Authority of Singapore (MAS) held the 9th CSRC - MAS Supervisory Roundtable on Sept 19, 2025 in Datong, Shanxi Province, China. The Roundtable was established to implement relevant outcomes of President Xi Jinping's state visit to Singapore in November 2015, and serves as an important platform to facilitate bilateral dialogue between regulators and market institutions and to promote pragmatic cooperation between capital markets of the two countries.

Mr. Li Ming, Vice Chairman of the CSRC, and Ms. Ho Hern Shin, Deputy Managing Director of the MAS, attended and addressed the meeting. Both sides looked back on the important consensus reached by the leadership of both countries to strengthen comprehensive and innovative cooperation in various areas, and fully recognize the positive outcomes achieved in the area of capital market cooperation, including ETF connectivity, enhanced index collaboration, cross - border investment by financial institutions from both countries, etc. Both sides exchanged in-depth views on recent reform and regulatory developments in respective capital markets, investor protection mechanism, futures and derivatives supervision, monitoring of non-bank financial institutions, listed company supervision, etc. Both sides agree to enhance pragmatic capital market cooperation, and to use the Roundtable and other mechanisms to strengthen communication, so as to contribute to the all-round high-quality future-oriented partnership between the two countries. The Roundtable was attended by around 50 participants including MAS Assistant Managing Director Mr. Lim Tuang Lee, heads of related departments from the CSRC and the MAS, and representatives from the securities exchanges of both countries.