SMU Vice President (Business Development) and Associate Professor of Finance Annie Koh commented on the proposal by the Singapore Exchange (SGX) to emulate the Hong Kong-Shanghai Stock Connect and establish a similar link among ASEAN exchanges. She said: "If we do have a stronger, bigger and more liquid secondary market, then there will be more incentives for many people to want to list here. And it could be a listing in any one of the 10 ASEAN countries. So you could actually have a dual listing… if we get those three partnerships right, then the potential is enormous." Associate Prof Koh added that SGX is “actually going to say to the rest of the world who run huge portfolios that when you are buying into ASEAN, there is the possibility of buying into the ASEAN market per se. So the centrality of ASEAN is going to be very attractive."