Singapore Sees More US-Listed Chinese Firms Coming to Its Shores

Bloomberg2022-08-24

Singapore Exchange Ltd. sees more listings in coming months by Chinese issuers that already trade American depository receipts, even as it grapples with delayed deals amid a global valuation slump....

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

acjk
2022-08-25
acjk
Good
IAS
2022-08-24
IAS
Great :)
Toby_Chua
2022-08-24
Toby_Chua
Good for SGX
CynthiaGho
2022-08-24
CynthiaGho
Like pls
慢的老人
2022-08-24
慢的老人
Good news for $SINGAPORE EXCHANGE LIMITED(S68.SI)$but the last few high profile Chinese ADRs to IPO in US have caused investors to lose money. It will put Singaporean retail investors at risk if low quality Chinese listings are allowed to flood into the SG market.
vaicrazy
2022-08-24
vaicrazy
Ok

Leave a comment

132

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1166192625?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-08-24 07:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1166192625","market":"sg","top_or_hot":-1,"title":"Singapore Sees More US-Listed Chinese Firms Coming to Its Shores","media":"Bloomberg","content":"<div>\n<p>Singapore Exchange Ltd. sees more listings in coming months by Chinese issuers that already trade American depository receipts, even as it grapples with delayed deals amid a global valuation slump....</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-sees-more-us-listed-215710417.html\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Sees More US-Listed Chinese Firms Coming to Its Shores</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Sees More US-Listed Chinese Firms Coming to Its Shores\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 07:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-sees-more-us-listed-215710417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore Exchange Ltd. sees more listings in coming months by Chinese issuers that already trade American depository receipts, even as it grapples with delayed deals amid a global valuation slump....</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-sees-more-us-listed-215710417.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"S68.SI","symbol_name":"新加坡交易所","start_time":0,"source_url":"https://finance.yahoo.com/news/singapore-sees-more-us-listed-215710417.html","article_id":"1166192625","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1166192625","pubTimestamp":1661297777,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Singapore Exchange Ltd. sees more listings in coming months by Chinese issuers that already trade Am","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"S68.SI":"新加坡交易所"},"translate_title":"新加坡看到更多在美国上市的中国企业来到新加坡","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"S68.SI":0.9},"content_text":"Singapore Exchange Ltd. sees more listings in coming months by Chinese issuers that already trade American depository receipts, even as it grapples with delayed deals amid a global valuation slump.Following Nio Inc.’s technical listing in May, investors can expect others will follow suit, Chief Executive Officer Loh Boon Chye said in an interview. If market conditions are supportive for the rest of the exchange’s fiscal year through June, “there would be fund-raising, but if they are not as conducive, it will be a technical secondary listing,” he added.The bourse’s effort to woo Chinese firms comes as they face greater regulatory and delisting risks stateside, prompting a hunt for alternative venues including Switzerland. Listing plans globally this year have waned with investors deterred by high inflation and rising interest rates. Companies that have delayed offerings for units in the Southeast Asian city-state include big-ticket names such as Thai Beverage Plc and Olam Group Ltd.The trading venue last month inked an accord with the New York Stock Exchange that allows for better collaboration on dual listings of companies, among other matters. “It allows companies that are already listed to think of another overseas exchange, if they do want to, and the MOU helps in terms of joint marketing,” Loh said.There are at least 11 China-domiciled firms that have listings in both the US and Singapore, data compiled by Bloomberg show.Pol de Win, SGX’s head of global sales and origination, previously said that the exchange was in talks with companies in China and Southeast Asia operating in areas such as financial tech and consumer tech that it would like to attract.On potential homecoming listings by Grab Holdings Ltd. and Sea Ltd., Loh said “there are other companies listed in the US that we want to talk to.”Here are some other takeaways from the conversation with Loh:Potential special purpose acquisition companies are waiting to see mergers conducted by the first wave of blank-check companies in Singapore to see how the process unfolds, he saidThe exchange is looking to invest, acquire or partner with firms that provide data, indexes or technologies for asset classes such as currencies and commodities, and capital markets generallyClimate Impact X, a Singapore-based online carbon-credit trading market that’s backed by the exchange, aims to launch a spot market by 2023, Loh said","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9995074303,"gmtCreate":1661389602205,"gmtModify":1676536509637,"author":{"id":"4094608997215030","authorId":"4094608997215030","name":"acjk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4094608997215030","idStr":"4094608997215030"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995074303","repostId":1166192625,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9992646262,"gmtCreate":1661309439459,"gmtModify":1676536494949,"author":{"id":"3576136694569207","authorId":"3576136694569207","name":"IAS","avatar":"https://static.tigerbbs.com/933fbcc1d9c75b4ff82486f8a48a3e7c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3576136694569207","idStr":"3576136694569207"},"htmlText":"Great :)&nbsp;","listText":"Great :)&nbsp;","text":"Great :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992646262","repostId":1166192625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9992655992,"gmtCreate":1661308430918,"gmtModify":1676536494684,"author":{"id":"3576326749731922","authorId":"3576326749731922","name":"Toby_Chua","avatar":"https://community-static.tradeup.com/news/82ec063fd73ccbceee82eab015cdf3fd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3576326749731922","idStr":"3576326749731922"},"htmlText":"Good for SGX&nbsp;","listText":"Good for SGX&nbsp;","text":"Good for SGX","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992655992","repostId":1166192625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9992618521,"gmtCreate":1661304472966,"gmtModify":1676536493449,"author":{"id":"3585269828090771","authorId":"3585269828090771","name":"CynthiaGho","avatar":"https://static.itradeup.com/news/f4e1adb658462550fca78ca358f2bf01","vip":1,"hat":"https://static.tigerbbs.com/63f4db5a25402cce463d975948213b15","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3585269828090771","idStr":"3585269828090771"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992618521","repostId":1166192625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9992874126,"gmtCreate":1661301700767,"gmtModify":1676536492388,"author":{"id":"3582028884093480","authorId":"3582028884093480","name":"慢的老人","avatar":"https://static.tigerbbs.com/d8809bb976396889eb133162af0901b8","vip":1,"crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3582028884093480","idStr":"3582028884093480"},"htmlText":"Good news for&nbsp;<a href=\"https://ttm.financial/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$</a><v-v data-views=\"1\"></v-v>but the last few high profile Chinese ADRs to IPO in US have caused investors to lose money. It will put Singaporean retail investors at risk if low quality Chinese listings are allowed to flood into the SG market.","listText":"Good news for&nbsp;<a href=\"https://ttm.financial/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$</a><v-v data-views=\"1\"></v-v>but the last few high profile Chinese ADRs to IPO in US have caused investors to lose money. It will put Singaporean retail investors at risk if low quality Chinese listings are allowed to flood into the SG market.","text":"Good news for $SINGAPORE EXCHANGE LIMITED(S68.SI)$but the last few high profile Chinese ADRs to IPO in US have caused investors to lose money. It will put Singaporean retail investors at risk if low quality Chinese listings are allowed to flood into the SG market.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992874126","repostId":1166192625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9992870432,"gmtCreate":1661301203729,"gmtModify":1676536492187,"author":{"id":"3573989963279471","authorId":"3573989963279471","name":"vaicrazy","avatar":"https://static.tigerbbs.com/5e1fe01bd5dda3f3a00e7197697a8873","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3573989963279471","idStr":"3573989963279471"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992870432","repostId":1166192625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":132,"commentSize":20,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1166192625"}