LETTER TO THE EDITOR
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Regulate pay, shorting to improve Singapore market
Add BT as a preferred sourcePublished Mon, Oct 25, 2021 · 09:50 PM
OUR equity market once gave the Hong Kong market a good run for its money. It has now become insignificant.
Some may say that the China hinterland enabled the Hong Kong market to put distance between them and us, but this would be sidestepping the issue. If we continue to maintain illusions of a vibrant market providing a multi-asset platform, we risk sinking into oblivion.
The loss of significance of the equity market has an outsized adverse bearing on the Singapore economy and the wellbeing of citizens.
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