Interactive: A tale of two stock markets: SGX and HKEX in charts
The fate of Singapore’s equities scene hangs in the balance, even amid new listing prospects, an equities market review and heightened interest from Chinese firms
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[SINGAPORE] Singapore’s market is weathering a listing drought while its rival bourse up north, the Hong Kong stock exchange, is on fire - on track to becoming the world’s top initial public offering (IPO) venue in 2025.
Nearly 100 companies could raise as much as HK$220 billion (S$35.7 billion) there, PricewaterhouseCoopers estimated.
The Hong Kong Exchanges and Clearing Limited (HKEX) enjoyed a bumper crop of 149 IPO applications in the year to date up till May, almost double the number from the year-ago period.
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