We need to understand why investors (especially the younger generation) avoid our local market. Tax incentives will not really help. Low trading liquidity means people who are trading on short term basis (example use of technical analysis) will not be interested. Technical analysis is not reliable when liquidity is low. How do we get this group of people back to our local market? Just thinking out loud, would the introduction of options market on most companies help like in US?
SGX Falls 5.2% after MAS Review Group Suggests Tax Perks to Revitalize Singapore Equities Market
$NIO Inc.(NIO)$ Goldman is an example of analyst with ulterior motive. They downgrade so that they can buy on the cheap side. Do not be fooled by such analyst, always making use of retail investors for their own gain