MARKETS & INVESTING
Whilst Singapore and Hong Kong have been fierce competitors in the IPO scene, experts suggest that Singapore shift its focus to the emerging challengers: the United States and Australia.
In 2023, the United States saw the listing of Singapore-based companies such as Simpple and Ohmyhome. Other homegrown firms like Grab and PropertyGuru are also listed in the US.
“If an entity wants to list totally outside of China, then there’s no need to compete with Hong Kong, because obviously, Hong Kong is very much tied to China,” CLA Global TS Holdings Group CEO and Chief Innovation Officer, Henry Tan, told the Singapore Business Review.
Tan said there are two main reasons why some potential IPO entrants in Singapore are going to the US and Australia: valuation and volatility.
One way to increase Singapore’s market valuation is by targeting companies in Southeast Asia, rather than Korea and China.
“If it’s an ASEAN firm, for example a Thai, Philippine, or Malaysian company, coming to Singapore Exchange it will be seen as an
この記事は Singapore Business Review の Issue 106 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Singapore Business Review の Issue 106 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
How TikTok powers cross-border shopping for Singapore retailers
The yellow basket feature allows viewers to purchase items directly during livestreams.
Income Insurance seeks to fill billion-dollar financing gap in climate transition
The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.
SIDS fights misconceptions in interior design with accreditation, education
The organisation is setting up a digital platform to speed up accreditation from 6 to 2 months.
IHH's proton therapy takes aim at tumours with precision and low risk
Leaving surrounding organs at risk during cancer treatment might become a thing of the past.
SingPost pivots from mail to logistics as e-commerce demand drives growth
It is banking on e-commerce to drive its logistics unit, which accounts for 69% of revenue.
Singapore needs SEA neighbours to power renewable energy transition
Experts favour Malaysia and Indonesia as renewable energy import sources.
Singapore's architecture blueprint spurs push to tackle brain drain in other sectors
Paying the country's architects just right will hopefully stop the brain drain.
Millionaires eye a piece of Singapore's rich colonial era
The country's remaining 6,500 shophouses are in high demand amongst the ultra-rich.
HDB resale portal unlikely to cut out property agents
The portal enables sellers to list their units themselves.
Factory and retail spaces shine as housing heads for worst market slump in 16 years
Its manufacturing and tourism rebound will spur demand for industrial and high-street shops.
