SGX's top 20 China-linked firms achieve 39.8% average return
Year-to-date market capitalisation-weighted total return way ahead of Shanghai index's 8%, in Sing dollar terms
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE top 20 China-related enterprises listed on the Singapore Exchange (SGX) have achieved a market capitalisation-weighted total return of 39.8 per cent year-to-date, far surpassing the 8 per cent, in Singapore dollar terms, chalked up by the Shanghai Stock Exchange Composite Index.
SGX lists 110 China-related enterprises, whose principal place of business, or head office, is in China. These companies have a combined market capitalisation of about S$25.3 billion and come from a diverse range of industries that include shipping, real estate and food & beverage.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts