On the afternoon of July 7, 2025, KL Yap, Chairman of the Singapore Bullion Market Association (SBMA), and Albert Cheng, Chief Executive Officer of SBMA, visited the Shanghai Gold Exchange (SGE) and met with Vice President Ma Lin.

SBMA and SGE talked in depth about the latest trends in the global precious metals industry and how the Chinese and Southeast Asian gold markets can work together going forward. The two organizations agreed to strengthen collaboration to seize growth opportunities, achieve win-win outcomes, and jointly help build a healthy and stable global precious metals market.