Singapore listings on bourse may more than double in next five years
Singapore Exchange, which has seen stock listings dwindle over the years, is betting on a reversal in fortunes as Chinese companies look to hedge risks and Southeast Asia's unicorns seek to tap the market.
$SGX (S68.SG)$ may see 30 to 40 first-time and secondary listings per year within the next 5 years, Pol de Win, SGX's head of global sales and origination, said in an interview -- more than double the average of about 13 listings a year since 2017.![]()
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More Chinese firms could look to list on SGX to hedge risks, following in the $NIO Inc. USD OV (NIO.SG)$ that debuted in Singapore last month. Blank-check companies may also consider different places with the US tightening disclosure rules, while Southeast Asia is becoming a hub for billion-dollar tech unicorns.
These factors could reverse the trend that SGX is missing out on IPOs to other hubs. SGX is said to be in talks with firms in China and Southeast Asia that operate in fintech and consumer tech areas, as well as REITs and blank-check companies across the globe.
What do you say? Do you think Singapore Exchange can attract more companies?
How will that affect SGX's stock performance?![]()
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wendytan : l
HWAHAHA : Listing aside, volume and.price are.not moving. Nearly 3 decades, STI still in the region of 2000-3000.
doctorpot1 HWAHAHA : Just looking at share price alone is quite unfair for STI. That is because it have a high dividend payout of about 4%. if you do a dividend reinvestment model for STI, the 10 year average annual return is 9 to 10%. just some food for thought![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Evelynne : 27.6 after earnings
101682201-dna : how is s chips doing in sgx ?
bape ape :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
102366857 - JS : Singapore being relatively safe , can potentially attract listings and products and services. As long as got people and institutions want to trade stocks in SGX, SGX will benefit in the long run.
102366857 - JS 102366857 - JS : I know of people who have been SGX shareholders since around 2003. Put it this way, they have more than earned their initial capital.
Handyman : singapore stocks? it buy, put there, forget about it, come back see, got a shock.
it's either earning not alot or it's dipped alot. look at $Grab Holdings (GRAB.US)$
CareRareFair : Quality of the listed entities is essential. If too many lousy companies come here on board, that would be a nightmare.
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