Market Chatter: Singapore Exchange to Launch Hong Kong SDRs

Like
Comment
Favorite

Market Chatter: Singapore Exchange to Launch Hong Kong SDRs

MT Newswires11-04

The Singapore Exchange has outlined plans to launch Singapore Depository Receipts of five Hong Kong-listed mega-cap companies, according to a report by The Business Times on Oct. 30.

Through this initiative, SGX aims to create more opportunities to diversify the portfolio of Alibaba (HKG:9988), Tencent (HKG:0700), BYD (HKG:1211, SHE:002594), HSBC (HKG:0005) and Bank of China (HKG:3988, SHA:601988), according to the report.

Through these SDRs, investors can make lower minimum investment in Singapore dollars, ranging from 2% to 20% of the underlying stocks, the report said.

The SDRs can be traded through local brokers, effectively saving costs on overseas trading, foreign exchange and management fees, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2480329143?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-04 14:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2480329143","market":"sg","top_or_hot":-1,"title":"Market Chatter: Singapore Exchange to Launch Hong Kong SDRs","media":"MT Newswires","content":"<html><body><p> The Singapore Exchange has outlined plans to launch Singapore Depository Receipts of five Hong Kong-listed mega-cap companies, according to a report by The Business Times on Oct. 30.</p><p>Through this initiative, SGX aims to create more opportunities to diversify the portfolio of Alibaba (HKG:9988), Tencent (HKG:0700), BYD (HKG:1211, SHE:002594), HSBC (HKG:0005) and Bank of China (HKG:3988, SHA:601988), according to the report.</p><p>Through these SDRs, investors can make lower minimum investment in Singapore dollars, ranging from 2% to 20% of the underlying stocks, the report said.</p><p>The SDRs can be traded through local brokers, effectively saving costs on overseas trading, foreign exchange and management fees, according to the report.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":null,"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>Market Chatter: Singapore Exchange to Launch Hong Kong SDRs</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\">\nMarket Chatter: Singapore Exchange to Launch Hong Kong SDRs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-04 14:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore Exchange has outlined plans to launch Singapore Depository Receipts of five Hong Kong-listed mega-cap companies, according to a report by The Business Times on Oct. 30.Through this ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">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":"BK1526","symbol_name":"科网股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2480329143","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480329143","pubTimestamp":1730702312,"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"The Singapore Exchange has outlined plans to launch Singapore Depository Receipts of five Hong Kong-listed mega-cap companies, according to a report by The Business Times on Oct. 30.Through this initiative, SGX aims to create more opportunities to diversify the portfolio of Alibaba , Tencent , BYD , HSBC  and Bank of China , according to the report.Through these SDRs, investors can make lower minimum investment in Singapore dollars, ranging from 2% to 20% of the underlying stocks, the report said.The SDRs can be traded through local brokers, effectively saving costs on overseas trading, foreign exchange and management fees, according to the report.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"80700":"腾讯控股-R","81211":"比亚迪股份-R","89988":"阿里巴巴-WR","BK1526":"科网股","IE00B29SXG58.USD":"FSSA CHINA FOCUS \"I\" (USD) ACC","HYDD.SI":"BYD HK SDR 10to1","BK1539":"汽车股","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","IE0003795394.USD":"BNY MELLON ASIAN EQUITY \"A\" (USD) ACC","HBBD.SI":"Alibaba HK SDR 5to1","FSTAS.SI":"富时海峡全股指数","LU1224444064.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AM\" (USDHDG) INC","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","LU1282651121.HKD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (HKD) INC","HSBC":"汇丰","FSTM.SI":"富时海峡中盘指数","S68.SI":"新加坡交易所","LU0052750758.USD":"富兰克林中国基金A Acc","STI.SI":"富时新加坡海峡指数","HTCD.SI":"Tencent HK SDR 10to1","ES3.SI":"STI ETF","HSHD.SI":"HSBC HK SDR 5to1","LU0228659784.USD":"施罗德金砖四国基金","LU0143863784.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","L":"洛斯公司","LU0132412106.USD":"abrdn SICAV I - EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","002594":"比亚迪","IE00B97KM107.HKD":"FSSA ASIAN EQUITY PLUS \"I\" (HKD) ACC","BK1610":"ETF&股票定投概念","BYDDY":"比亚迪ADR","03988":"中国银行","BK1095":"互动媒体与服务","IE00BZ08YS42.EUR":"GUINNESS BEST OF CHINA \"C\" (EUR) ACC","SG9999001093.SGD":"United Greater China Fund A Acc SGD","LU0164865239.USD":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","09988":"阿里巴巴-W","BABA":"阿里巴巴","LU0165289439.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AC\" ACC","01211":"比亚迪股份","LU2401740654.USD":"FIDELITY SUSTAINABLE GLOBAL DIVIDEND PLUS \"A\" (USD) INC","00700":"腾讯控股","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","IE00B8L5B284.USD":"BNY MELLON GLOBAL EMERGING MARKETS OPPORTUNITIES \"B\" (USD) INC","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","00005":"汇丰控股","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","03143":"华夏香港银行股","HSBA.UK":"汇丰控股有限公司"},"translate_title":"市场热议：新加坡交易所将推出香港特别提款权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80700":0.6,"81211":0.6,"89988":0.6,"00700":1,"01211":1,"09988":1,"S68.SI":1,"03988":0.9,"00005":0.9,"L":0.6,"STI.SI":0.6,"BYDDY":0.6,"002594":0.6,"03143":0.6,"BABA":0.6,"ES3.SI":0.6,"FSTAS.SI":0.6,"FSTM.SI":0.6,"HBBD.SI":0.6,"HSBA.UK":0.6,"HSBC":0.6,"HSHD.SI":0.6,"HTCD.SI":0.6,"HYDD.SI":0.6},"content_text":"The Singapore Exchange has outlined plans to launch Singapore Depository Receipts of five Hong Kong-listed mega-cap companies, according to a report by The Business Times on Oct. 30.Through this initiative, SGX aims to create more opportunities to diversify the portfolio of Alibaba (HKG:9988), Tencent (HKG:0700), BYD (HKG:1211, SHE:002594), HSBC (HKG:0005) and Bank of China (HKG:3988, SHA:601988), according to the report.Through these SDRs, investors can make lower minimum investment in Singapore dollars, ranging from 2% to 20% of the underlying stocks, the report said.The SDRs can be traded through local brokers, effectively saving costs on overseas trading, foreign exchange and management fees, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}