The rise of many brokerage com

The rise of many brokerage companies two years ago sent a lot of money to bigger markets out there. People would never cultivate dead money when the are many promising fish elsewhere

Singapore Ready to Make "Bold Changes" to Revive Stock Market

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People would never cultivate dead money when the are many promising&nbsp;fish elsewhere&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>The rise of many brokerage companies two years ago&nbsp;sent a lot of money to bigger markets out there. People would never cultivate dead money when the are many promising&nbsp;fish elsewhere&nbsp;</p></body></html>","text":"The rise of many brokerage companies two years ago sent a lot of money to bigger markets out there. People would never cultivate dead money when the are many promising fish elsewhere","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/349948450160960","repostId":1134111447,"repostType":2,"repost":{"id":"1134111447","pubTimestamp":1726469503,"share":"https://www.laohu8.com/m/news/1134111447?lang=&edition=full","pubTime":"2024-09-16 14:51","market":"sg","language":"en","title":"Singapore Ready to Make \"Bold Changes\" to Revive Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1134111447","media":"Bloomberg","summary":"Task force to target removing outdated rules, Chee saysGroup considers ways to encourage pipeline of quality listingsSingapore is prepared to make “bold changes” to regulatory structures in an attempt","content":"<html><head></head><body><ul style=\"\"><li><p>Task force to target removing outdated rules, Chee says</p></li><li><p>Group considers ways to encourage pipeline of quality listings</p></li></ul><p>Singapore is prepared to make “bold changes” to regulatory structures in an attempt to revive its languishing stock market, according to its Second Minister for Finance.</p><p>Chee Hong Tat, who is chairing a task force looking at ways to strengthen the equities market, said the group aims to remove outdated rules, encourage a pipeline of quality listings, and boost liquidity. Measures — which may include cutting listing costs and expanding the pool of equity derivatives — will be implemented in phases before the end of a 12-month review period, he said.</p><p>“It is not an easy task to revitalize our equities market, given the global headwinds faced by other exchanges and the increasing competition in this space,” Chee said at an event in Singapore on Monday. “But we are prepared to make changes and try new ideas. Because if we don’t try, our chances of success is zero.”</p><p>The latest steps came after growing calls from industry players to rejuvenate the local equities market, which has been plagued by lagging performance, shrinking market capitalization and sluggish trading volumes. The task force includes representatives from the central bank, state investment firm Temasek Holdings Pte., Singapore Exchange Ltd. and other industry stakeholders.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4a93ed2c4e5b55feba9f3f6e9d94449d\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p>One area being explored is to streamline the prospectus disclosure requirements for issuers of initial public offerings including secondary listings, Chee said. The Monetary Authority of Singapore will also look at removing some of the checks that are required for all retail customers.</p><p>Other potential changes include incentives to encourage listing and ways to lower listing costs, as well as enhancing research coverage, he said. The group may explore ways to attract emerging-market growth companies in areas such as fintech, innovation and sustainability.</p><p>The group will also study measures to boost liquidity, including incentivizing market makers to facilitate price discovery, broadening stock indexes and expanding the pool of equity market derivatives, Chee said.</p><p>“We are prepared to make bold changes, but we want to do so after we carefully assess the trade-offs,” he said.</p></body></html>","source":"lsy1584095487587","collect":0,"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 Ready to Make \"Bold Changes\" to Revive Stock Market</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; 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Measures — which may include cutting listing costs and expanding the pool of equity derivatives — will be implemented in phases before the end of a 12-month review period, he said.“It is not an easy task to revitalize our equities market, given the global headwinds faced by other exchanges and the increasing competition in this space,” Chee said at an event in Singapore on Monday. “But we are prepared to make changes and try new ideas. Because if we don’t try, our chances of success is zero.”The latest steps came after growing calls from industry players to rejuvenate the local equities market, which has been plagued by lagging performance, shrinking market capitalization and sluggish trading volumes. The task force includes representatives from the central bank, state investment firm Temasek Holdings Pte., Singapore Exchange Ltd. and other industry stakeholders.One area being explored is to streamline the prospectus disclosure requirements for issuers of initial public offerings including secondary listings, Chee said. The Monetary Authority of Singapore will also look at removing some of the checks that are required for all retail customers.Other potential changes include incentives to encourage listing and ways to lower listing costs, as well as enhancing research coverage, he said. The group may explore ways to attract emerging-market growth companies in areas such as fintech, innovation and sustainability.The group will also study measures to boost liquidity, including incentivizing market makers to facilitate price discovery, broadening stock indexes and expanding the pool of equity market derivatives, Chee said.“We are prepared to make bold changes, but we want to do so after we carefully assess the trade-offs,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":151,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/349948450160960"}