๐Pick the Top SGX Stocks to Gain from China-Singapore Visa-Free Regime
Hello everyone!
Are you already booking plane tickets to travel or are you looking forward to a lively spring festival in the Year of the Dragon?
With the recent visa waiver agreement between China and Singapore, SG stocks are experiencing a noticeable uptrend.
@Tiger_SG ๐๐"Exciting News: China & Singapore's 30-Day Visa-Free Deal Unveiled!
Generally, a visa-free policy between two countries tends to benefit the aviation industry, tourism, hospitality, trade and commerce, real estate, culture and entertainment, and even the education sector.
Now, let's delve into your familiarity and interest in the 13 companies associated with this development to better discuss future investment opportunities.
Here are the 13 potential stocks:
$SINGAPORE AIRLINES LTD(C6L.SI)$ , $Genting Sing(G13.SI)$ , $Man Oriental USD(M04.SI)$ , $HPL(H15.SI)$, $OUE(LJ3.SI)$, $Frasers HTrust(ACV.SI)$
$Hotel Grand(H18.SI)$ $Stamford Land(H07.SI)$ $Far East Orchard(O10.SI)$ $Straco(S85.SI)$ $Amara(A34.SI)$ $GSH(BDX.SI)$ $Banyan Tree(B58.SI)$
According to the data, we see that the above 13 stocks are mainly concentrated in the travel, hotel, leisure and entertainment industries.
Please choose companies you are familiar with or interested in for future investment.
Among the 13 stocks, 5 stocks rose in Friday's trading, 6 stocks were unchanged, and 2 stocks fell. The performance of the above stocks were also mixed in 2023.
Please make sure you fully understand the companies you are interested in.
Disclaimer: Information provided is for informational purposes only and not financial advice. Investing carries risks; conduct your research or consult a financial advisor. Past performance is not indicative of future results. Accuracy of information is not guaranteed.
๐Question For Tigers:
Among the above companies, which ones do you know well?
Alternatively, which ones have caught your interest, and do you believe they may show better investment performance in the future?
Any other companies that you want to add to your watch list๏ผ
Whether it's about a company's performance, prospects, market position, or any other aspect, feel free to share your insights.
Please share your thoughts and choices in the comments below, and welcome to offer a more in-depth investment analysis.
๐Rewards:
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โฐReply Duration
26 January 2024 - 2 Febrary 2024
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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.
๐๐๐I am super excited with the news that China and Singapore have officially agreed to implement a visa free entry policy for their citizens, allowing stays up to 30 days.
This 30 day mutual visa exemption starts on February 9. I am currently invested in $Genting Sing(G13.SI)$
$Genting Sing(G13.SI)$
Sentosa is a premier tourist destination in Singapore and Genting Singapore is poised to capture the influx of visitors especially from China.
Genting Singapore has a wide moat and ticks all the core fundamentals of a quality stock with good profitability, excellent balance sheet and an excellent management team. It also pays me great dividends at 3.47% dividend yield.
@WallStreet_Tiger @TigerStars @Tiger_SG @TigerClub
tourism is one of those that drives the economy...
am excited as this would mean perhaps stocks would get a boost especially those tourism-related...
This is definitely a good news and a great stimulus to Singapore economy. Chinese tourists are famous with their spending power, no? Haha ๐.
For such, I believe that stocks listed in SGX specially in the hospitality, transport and retail sectors will set for a boost with the relaxation of visa regulations between China and Singapore.
The aviation industry also stands to gain from more Chinese visitor arrivals, which will benefit Singapore Airlines and taxi service for the tourist to move around in Singapore like $ComfortDelGro(C52.SI)$
With the increasing expenses, bank sector will be getting advantages as well, therefore bullish for $UNITED OVERSEAS BANK LIMITED(U11.SI)$
Personally I think this 30-day visa-exemption agreement, is part of the critical drive to bring travel back to โ and beyond โ pre-Covid levels.