Value-unlocking moves will enliven market more than any new SDRs, Catalist listings
New Singapore Depository Receipts may get a warm reception while latest Catalist listings get a cold shoulder; but Hongkong Land’s pivot could matter most
Add BT as a preferred source
LOCAL investors are gaining access to a wider range of exciting stocks through the Singapore Exchange (SGX) platform.
No, I’m not alluding to the recent debut of restaurant player Food Innovators, or the imminent listings of interior decorator Attika Group and karaoke lounge operator Goodwill Entertainment.
Instead, I’m referring to the launch last week of the Singapore Depository Receipts (SDRs) covering five Hong Kong stocks: Alibaba, Tencent, BYD, HSBC and Bank of China.
TRENDING NOW
Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
