Singapore Exchange (SGX) and Shenzhen Stock Exchange (SZSE) have signed a Memorandum of Understanding (MOU) to establish an exchange-traded fund (ETF) link, offering investors on both exchanges with a wider range of investment options. Under the agreement, SGX and SZSE will jointly develop and promote the ETF markets in Singapore and China through the listing of feeder ETFs, which link locally listed ETFs to ones listed on the other exchange. This allows domestic ETF issuers to tap on cross-border capital flows, and investors to access overseas-listed ETFs via domestic exchanges.