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
Add BT as a preferred source
[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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Firm loses wrongful dismissal case despite following termination clause
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ
Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation
