HK-listed Singapore companies fizzle after IPO sizzle
Investor unfamiliarity could kill valuations even for listings on a liquid and bigger bourse
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Singapore
SEVERAL homegrown Singapore companies have sought listings in Hong Kong, but experts warn that investor familiarity is crucial to avoid being buried in the graveyard of illiquid and uncovered stocks.
This year alone, Hong Kong Exchanges and Clearing welcomed Singapore's real estate firm ZACD Group, consumer services provider ISP Global, and healthcare company IAG Holdings to its Growth Enterprise Market (GEM) board.
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