Data from Moomoo Financial Singapore revealed that their profitable clients allocated 75% of their equity portfolio to the US market and only 20% to Singapore stocks.
Gavin Chia, CEO of Moomoo Singapore, said investors are channelling their funds into US tech names to boost returns by tapping into major growth markets and sectors. He underscored that companies based in the US saw exponential growth during the first half of the year.
Denne historien er fra Issue No. 109-utgaven av Singapore Business Review.
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Denne historien er fra Issue No. 109-utgaven av Singapore Business Review.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
All you need is one 'hero' TikTok product
Brands can boost their gross merchandise value with just one best-selling SKU.
Retailers urged to adopt 2D barcodes
The machine-readable symbol gives consumers detailed product info at the point of sale
SingPost brings service closer to commuters
It plans to expand its service touch points.
Xiaohongshu, Taobao could help Singapore brands reach more Chinese clients
Retailers less familiar with the China market could start with Tmall and JD Worldwide.
Decathlon plans to be within 15 minutes of homes
The world's largest sporting goods retailer lets clients pick up online orders on the go.
Chinese fine dining finds its next course in Singapore
The city-state's high spending power and big Chinese commune make it an ideal entry point in the Southeast Asian market.
Hawker centres struggle to dish up meals even with foreign workers
A Singapore plan to allow certain foreigners to work as food assistants in the hawker trade may not translate into a large increase in applicants, given the back-breaking requirements of the job, according to policy experts.
10 best ways to invest in 2025
Analysts are not too worried about the impact of US tariffs.
OCBC triples quantum tech workforce to enhance cybersecurity measures
The Singapore bank expects significant tech advancements in the next five to 10 years.
K-pop craze may spur demand for Income Insurance's hourly travel cover
The Singaporean insurer is targeting spontaneous travellers who love concerts.
