Forget HKEx; SGX carves out its own winning niche
Chew Sutat: SGX is unlike HKEx, which has China as its huge hinterland; SGX in fact punches above its weight
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Angela Tan
Singapore
UNLIKE Hong Kong Exchanges and Clearing (HKEx), Singapore Exchange (SGX) does not have China as its hinterland, but has managed to punch above its weight in niche sectors, thanks to its diversified fund-raising options, says Chew Sutat, SGX's head of equities and fixed income.
Clearly agitated by criticism that SGX is not attracting initial public offers (IPOs) of the size that HKEx pulls in, he said comparing the two puts one at risk of comparing apples and oranges.
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