Singapore’s S$5 Billion Stock Plan to Drive Flows, Analysts Say

Bloomberg02-24

Plan is a strong signal in government’s commitment: MaybankPromising initiatives, but mostly priced in the near term: JPMPhotographer: Bryan van der Beek/BloombergSingapore’s plan to lift local ...

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Comments

Lie Flat
02-24
Lie Flat
Mainly will benefit the big 3 banks . Family office will not want their money in non blue chip .
setia100
02-24
setia100
Gap with HKE is getting wider. Window of opportunity is over for SGX...🤔

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}\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’s S$5 Billion Stock Plan to Drive Flows, Analysts Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-24 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-02-24/singapore-s-s-5-billion-stock-plan-is-not-enough-analysts-say?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Plan is a strong signal in government’s commitment: MaybankPromising initiatives, but mostly priced in the near term: JPMPhotographer: Bryan van der Beek/BloombergSingapore’s plan to lift local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-24/singapore-s-s-5-billion-stock-plan-is-not-enough-analysts-say?srnd=homepage-americas\">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":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2025-02-24/singapore-s-s-5-billion-stock-plan-is-not-enough-analysts-say?srnd=homepage-americas","article_id":"1127977489","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1584095487587","url":"https://www.bloomberg.com/news/articles/2025-02-24/singapore-s-s-5-billion-stock-plan-is-not-enough-analysts-say?srnd=homepage-americas","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1127977489","pubTimestamp":1740363946,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Investment fund likely only adds 1%-2.5% to volumes: MSPromising initiatives, but mostly priced in the near term: JPMPhotographer: Bryan van der Beek/BloombergSingapore’s plan to boost local equities ","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"分析师称，新加坡50亿新元股票计划推动资金流动","themeId":"0d315ad57b264b27043bc1c3d0c2f724","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":1.1},"content_text":"Plan is a strong signal in government’s commitment: MaybankPromising initiatives, but mostly priced in the near term: JPMPhotographer: Bryan van der Beek/BloombergSingapore’s plan to lift local equities by investing S$5 billion ($3.7 billion) with fund managers is seen as a good start, while regulatory shifts will allow a wider range of companies to seek listing on its bourse, analysts said.Regulators will also require some family offices to deploy a portion of their assets into domestic stocks as among initiatives unveiled by a government-led review group to help revive the country’s languishing stock market.The measures bode well for a market that’s seen delistings outnumbering new listings and rising competition from regional exchanges. Prominent companies such as Grab Holdings Ltd. and Sea Ltd. have gone public elsewhere. Reviving the stock market has become a national priority for Singapore, as it heads into a general election this year.The stock benchmark Straits Times Index erased early losses to rise as much as 0.6%, while shares of bourse operator Singapore Exchange Ltd. surged as much as 8.4%.Here’s what analysts are saying:Maybank Securities Pte., Thilan WickramasingheWhile not the direct sovereign wealth fund participation many market participants were hoping for, it is nevertheless a strong signal in the government’s commitmentThe plan is likely to help boost liquidity and valuations, while broadening market participationFirst line beneficiaries include financials and brokers, while REITs and small-and-mid cap stocks should see secondary benefitsBloomberg Intelligence, Sharnie Wong and Lucy WangIPOs in Singapore and investment in SGX-listed companies may get a slight boost from tax incentives announced in the government’s budget and other measures recommended by the taskforce on Feb. 21The Monetary Authority of Singapore’s planned S$5 billion investment with Singapore-equities-focused funds is equal to about 4 days of Singapore’s stock turnoverMorgan Stanley, Nick Lord“Comments from government have consistently emphasized that there is no silver bullet but rather a multi-year, multi-step process”The investment fund plus crowding in from single family offices and other private investors is “useful,” but likely only adds 1%-2.5% to volumesThis justifies base case earnings; measures expected at end of 2025 unlikely to be further near-term catalystJPMorgan Chase & Co., Harsh Wardhan Modi“Quite a promising set of initiatives, but largely priced in the near term”The progressive bits are around pro-enterprise regulatory stance with beginning of ‘decisive’ shift towards a more disclosure-based regime“This, in our view, is a significant positive, as it will allow a wider range of companies to seek listing at SGX”Among the most important statements underscoring this shift was from policymakers acknowledging that disclosure-based regulatory system and investor protection are not mutually exclusiveCitigroup Inc., Yong Hong TanThe plan raises a question whether the S$5 billion fund is one-off or recurring“Looking ahead, studies to introduce measures to lift companies’ focus on shareholder value could raise optimism on capital return”It’s likely supporting Singapore banks as near-term defensives amid FX/earnings uncertainties for Asean banks","kind":"news","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":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":406922845831824,"gmtCreate":1740373917079,"gmtModify":1740374165352,"author":{"id":"4200117619876312","authorId":"4200117619876312","name":"Lie Flat","avatar":"https://community-static.tradeup.com/news/3e249c158007385e6a5ba35c389c3a48","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"4200117619876312","idStr":"4200117619876312"},"htmlText":"Mainly will benefit the big 3 banks . Family office will not want their money in non blue chip .&nbsp;","listText":"Mainly will benefit the big 3 banks . Family office will not want their money in non blue chip .&nbsp;","text":"Mainly will benefit the big 3 banks . Family office will not want their money in non blue chip .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406922845831824","repostId":1127977489,"repostType":4,"repost":{"id":"1127977489","kind":"news","pubTimestamp":1740363946,"share":"https://ttm.financial/m/news/1127977489?lang=en_US&edition=fundamental","pubTime":"2025-02-24 10:25","market":"sg","language":"en","title":"Singapore’s S$5 Billion Stock Plan to Drive Flows, Analysts Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1127977489","media":"Bloomberg","summary":"Investment fund likely only adds 1%-2.5% to volumes: MSPromising initiatives, but mostly priced in the near term: JPMPhotographer: Bryan van der Beek/BloombergSingapore’s plan to boost local equities ","content":"<div>\n<p>Plan is a strong signal in government’s commitment: MaybankPromising initiatives, but mostly priced in the near term: JPMPhotographer: Bryan van der Beek/BloombergSingapore’s plan to lift local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-24/singapore-s-s-5-billion-stock-plan-is-not-enough-analysts-say?srnd=homepage-americas\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Prominent companies such as Grab Holdings Ltd. and Sea Ltd. have gone public elsewhere. Reviving the stock market has become a national priority for Singapore, as it heads into a general election this year.The stock benchmark Straits Times Index erased early losses to rise as much as 0.6%, while shares of bourse operator Singapore Exchange Ltd. surged as much as 8.4%.Here’s what analysts are saying:Maybank Securities Pte., Thilan WickramasingheWhile not the direct sovereign wealth fund participation many market participants were hoping for, it is nevertheless a strong signal in the government’s commitmentThe plan is likely to help boost liquidity and valuations, while broadening market participationFirst line beneficiaries include financials and brokers, while REITs and small-and-mid cap stocks should see secondary benefitsBloomberg Intelligence, Sharnie Wong and Lucy WangIPOs in Singapore and investment in SGX-listed companies may get a slight boost from tax incentives announced in the government’s budget and other measures recommended by the taskforce on Feb. 21The Monetary Authority of Singapore’s planned S$5 billion investment with Singapore-equities-focused funds is equal to about 4 days of Singapore’s stock turnoverMorgan Stanley, Nick Lord“Comments from government have consistently emphasized that there is no silver bullet but rather a multi-year, multi-step process”The investment fund plus crowding in from single family offices and other private investors is “useful,” but likely only adds 1%-2.5% to volumesThis justifies base case earnings; measures expected at end of 2025 unlikely to be further near-term catalystJPMorgan Chase & Co., Harsh Wardhan Modi“Quite a promising set of initiatives, but largely priced in the near term”The progressive bits are around pro-enterprise regulatory stance with beginning of ‘decisive’ shift towards a more disclosure-based regime“This, in our view, is a significant positive, as it will allow a wider range of companies to seek listing at SGX”Among the most important statements underscoring this shift was from policymakers acknowledging that disclosure-based regulatory system and investor protection are not mutually exclusiveCitigroup Inc., Yong Hong TanThe plan raises a question whether the S$5 billion fund is one-off or recurring“Looking ahead, studies to introduce measures to lift companies’ focus on shareholder value could raise optimism on capital return”It’s likely supporting Singapore banks as near-term defensives amid FX/earnings uncertainties for Asean banks","news_type":1,"symbols_score_info":{"STI.SI":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":406910640185584,"gmtCreate":1740371035876,"gmtModify":1740371040299,"author":{"id":"3567852837945728","authorId":"3567852837945728","name":"setia100","avatar":"https://community-static.tradeup.com/news/5d07af59743ad001196b7aca5f1726d7","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3567852837945728","idStr":"3567852837945728"},"htmlText":"Gap with HKE is getting wider. Window of opportunity is over for SGX...🤔","listText":"Gap with HKE is getting wider. Window of opportunity is over for SGX...🤔","text":"Gap with HKE is getting wider. Window of opportunity is over for SGX...🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406910640185584","repostId":1127977489,"repostType":4,"repost":{"id":"1127977489","kind":"news","pubTimestamp":1740363946,"share":"https://ttm.financial/m/news/1127977489?lang=en_US&edition=fundamental","pubTime":"2025-02-24 10:25","market":"sg","language":"en","title":"Singapore’s S$5 Billion Stock Plan to Drive Flows, Analysts Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1127977489","media":"Bloomberg","summary":"Investment fund likely only adds 1%-2.5% to volumes: MSPromising initiatives, but mostly priced in the near term: JPMPhotographer: Bryan van der Beek/BloombergSingapore’s plan to boost local equities ","content":"<div>\n<p>Plan is a strong signal in government’s commitment: MaybankPromising initiatives, but mostly priced in the near term: JPMPhotographer: Bryan van der Beek/BloombergSingapore’s plan to lift local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-24/singapore-s-s-5-billion-stock-plan-is-not-enough-analysts-say?srnd=homepage-americas\">Source Link</a>\n\n</div>\n","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’s S$5 Billion Stock Plan to Drive Flows, Analysts Say</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; 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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’s S$5 Billion Stock Plan to Drive Flows, Analysts Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-24 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-02-24/singapore-s-s-5-billion-stock-plan-is-not-enough-analysts-say?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Plan is a strong signal in government’s commitment: MaybankPromising initiatives, but mostly priced in the near term: JPMPhotographer: Bryan van der Beek/BloombergSingapore’s plan to lift local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-24/singapore-s-s-5-billion-stock-plan-is-not-enough-analysts-say?srnd=homepage-americas\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2025-02-24/singapore-s-s-5-billion-stock-plan-is-not-enough-analysts-say?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127977489","content_text":"Plan is a strong signal in government’s commitment: MaybankPromising initiatives, but mostly priced in the near term: JPMPhotographer: Bryan van der Beek/BloombergSingapore’s plan to lift local equities by investing S$5 billion ($3.7 billion) with fund managers is seen as a good start, while regulatory shifts will allow a wider range of companies to seek listing on its bourse, analysts said.Regulators will also require some family offices to deploy a portion of their assets into domestic stocks as among initiatives unveiled by a government-led review group to help revive the country’s languishing stock market.The measures bode well for a market that’s seen delistings outnumbering new listings and rising competition from regional exchanges. Prominent companies such as Grab Holdings Ltd. and Sea Ltd. have gone public elsewhere. Reviving the stock market has become a national priority for Singapore, as it heads into a general election this year.The stock benchmark Straits Times Index erased early losses to rise as much as 0.6%, while shares of bourse operator Singapore Exchange Ltd. surged as much as 8.4%.Here’s what analysts are saying:Maybank Securities Pte., Thilan WickramasingheWhile not the direct sovereign wealth fund participation many market participants were hoping for, it is nevertheless a strong signal in the government’s commitmentThe plan is likely to help boost liquidity and valuations, while broadening market participationFirst line beneficiaries include financials and brokers, while REITs and small-and-mid cap stocks should see secondary benefitsBloomberg Intelligence, Sharnie Wong and Lucy WangIPOs in Singapore and investment in SGX-listed companies may get a slight boost from tax incentives announced in the government’s budget and other measures recommended by the taskforce on Feb. 21The Monetary Authority of Singapore’s planned S$5 billion investment with Singapore-equities-focused funds is equal to about 4 days of Singapore’s stock turnoverMorgan Stanley, Nick Lord“Comments from government have consistently emphasized that there is no silver bullet but rather a multi-year, multi-step process”The investment fund plus crowding in from single family offices and other private investors is “useful,” but likely only adds 1%-2.5% to volumesThis justifies base case earnings; measures expected at end of 2025 unlikely to be further near-term catalystJPMorgan Chase & Co., Harsh Wardhan Modi“Quite a promising set of initiatives, but largely priced in the near term”The progressive bits are around pro-enterprise regulatory stance with beginning of ‘decisive’ shift towards a more disclosure-based regime“This, in our view, is a significant positive, as it will allow a wider range of companies to seek listing at SGX”Among the most important statements underscoring this shift was from policymakers acknowledging that disclosure-based regulatory system and investor protection are not mutually exclusiveCitigroup Inc., Yong Hong TanThe plan raises a question whether the S$5 billion fund is one-off or recurring“Looking ahead, studies to introduce measures to lift companies’ focus on shareholder value could raise optimism on capital return”It’s likely supporting Singapore banks as near-term defensives amid FX/earnings uncertainties for Asean banks","news_type":1,"symbols_score_info":{"STI.SI":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":6,"commentSize":2,"repostSize":1,"favoriteSize":0,"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":"4.35.12","shortVersion":"4.35.12","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/1127977489","isCrawlerRequest":true}