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05-18

Better Don come.

Some Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War

2021-12-30

Alibaba is a value play?

2021-03-12

$Coupang, Inc.(CPNG)$yawn... Time to zzz. Zzz is more impt

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Don come.&nbsp;","listText":"Better Don come.&nbsp;","text":"Better Don come.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/436335086522992","repostId":"2536853289","repostType":2,"repost":{"id":"2536853289","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1747561037,"share":"https://ttm.financial/m/news/2536853289?lang=en_US&edition=fundamental","pubTime":"2025-05-18 17:37","market":"sg","language":"en","title":"Some Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War","url":"https://stock-news.laohu8.com/highlight/detail?id=2536853289","media":"Reuters","summary":"At least five Chinese and Hong Kong firms eye listings on SGXChinese firms eye Singapore listings to expand in Southeast AsiaSingapore bourse hosted 4 IPOs in 2024, versus 71 in Hong KongSGX says list","content":"<html><head></head><body><ul style=\"\"><li><p>At least five Chinese and Hong Kong firms eye listings on SGX</p></li><li><p>Chinese firms eye Singapore listings to expand in Southeast Asia</p></li><li><p>Singapore bourse hosted 4 IPOs in 2024, versus 71 in Hong Kong</p></li><li><p>SGX says listings to provide Chinese firms &#39;gateway&#39; to world</p></li></ul><p>(Reuters) - At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions.</p><p>The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group, said the sources, who have direct knowledge of the matter, but declined to be named or to name the firms as the plans are not finalised.</p><p>The listings would give a boost to Singapore Exchange Ltd (SGX), which, despite being a popular venue for yield plays such as real estate investment trusts, has been struggling to attract mega listings and bolster trading volumes.</p><p>SGX hosted just four initial public offerings in 2024, according to its website. That compares with 71 new company listings recorded by its rival regional bourse Hong Kong Exchanges and Clearing Ltd 0388.HK.</p><p>Chinese companies are looking to tap the Singaporean bourse as they look to enter, or expand business in, Southeast Asia amid a trade war with the United States, Jason Saw, investment banking group head at CGS International Securities, said.</p><p>U.S. President Donald Trump imposed tariffs of 145% on imports of Chinese goods, and China in turn raised tariffs on U.S. goods to 125%, before the two sides agreed a 90-day pause last weekend. But uncertainty remains, given the time limit and the Trump administration&#39;s unpredictability.</p><p>Enquiries about listings on SGX &#34;shot through the roof&#34; after Trump ramped up his trade actions against China, Saw said.</p><p>&#34;For the next years and decades, gateways from China to the world are going to be more important,&#34; said Pol de Win, senior managing director and head of global sales and origination at SGX.</p><p>&#34;Singapore is an important gateway, whether it&#39;s trade (or) business activity from China to the outside world, and a listing in Singapore is an important component of that.&#34; De Win did not mention the listing plans of the Chinese and Hong Kong firms.</p><p>&#39;GROWING INTEREST&#39;</p><p>CGS International, a unit of state-owned brokerage China Galaxy Securities 601881.SS, is working with at least two China-based companies to list on the SGX as early as this year, according to Saw. He declined to name the companies.</p><p>Some of the mainland Chinese and Hong Kong companies could raise around $100 million via primary listings in Singapore, said one of the sources.</p><p>SGX is usually not the first choice for Chinese companies eyeing an offshore market debut. Most of them prefer Hong Kong due to Beijing&#39;s support and a large pool of institutional and retail investors more familiar with Chinese brands.</p><p>Beijing&#39;s efforts to boost ties with Southeast Asia, amid escalating tension with Washington, have, however, encouraged some Chinese companies to increase their presence in the region, capital market advisers said.</p><p>The listing plans in Singapore come after the city-state in February announced measures to strengthen its equities market, which included a 20% tax rebate for primary listings, and vowed to unveil a next set of measures in the second half of 2025.</p><p>The initiatives are set to boost interest in the local IPO market, said Ringo Choi, EY&#39;s Asia Pacific IPO Leader, adding that Singapore&#39;s &#34;political stability and neutral stance&#34; on geopolitical matters should appeal to companies.</p><p>Not many, however, see Singapore closing its gap with Hong Kong in equity listings in the near future, due to factors including Singapore&#39;s relatively conservative investors and stricter listing requirements.</p><p>&#34;You need to make it easier for companies, especially technology companies, to list,&#34; said the managing director of a Singapore-based multinational software company, who declined to be named as he was not authorised to speak to the media.</p><p>&#34;Most of the startups in the region are headquartered in Singapore, so this should be the place they list.&#34;</p></body></html>","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>Some Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War</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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}\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\">\nSome Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-18 17:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul style=\"\"><li><p>At least five Chinese and Hong Kong firms eye listings on SGX</p></li><li><p>Chinese firms eye Singapore listings to expand in Southeast Asia</p></li><li><p>Singapore bourse hosted 4 IPOs in 2024, versus 71 in Hong Kong</p></li><li><p>SGX says listings to provide Chinese firms &#39;gateway&#39; to world</p></li></ul><p>(Reuters) - At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions.</p><p>The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group, said the sources, who have direct knowledge of the matter, but declined to be named or to name the firms as the plans are not finalised.</p><p>The listings would give a boost to Singapore Exchange Ltd (SGX), which, despite being a popular venue for yield plays such as real estate investment trusts, has been struggling to attract mega listings and bolster trading volumes.</p><p>SGX hosted just four initial public offerings in 2024, according to its website. That compares with 71 new company listings recorded by its rival regional bourse Hong Kong Exchanges and Clearing Ltd 0388.HK.</p><p>Chinese companies are looking to tap the Singaporean bourse as they look to enter, or expand business in, Southeast Asia amid a trade war with the United States, Jason Saw, investment banking group head at CGS International Securities, said.</p><p>U.S. President Donald Trump imposed tariffs of 145% on imports of Chinese goods, and China in turn raised tariffs on U.S. goods to 125%, before the two sides agreed a 90-day pause last weekend. But uncertainty remains, given the time limit and the Trump administration&#39;s unpredictability.</p><p>Enquiries about listings on SGX &#34;shot through the roof&#34; after Trump ramped up his trade actions against China, Saw said.</p><p>&#34;For the next years and decades, gateways from China to the world are going to be more important,&#34; said Pol de Win, senior managing director and head of global sales and origination at SGX.</p><p>&#34;Singapore is an important gateway, whether it&#39;s trade (or) business activity from China to the outside world, and a listing in Singapore is an important component of that.&#34; De Win did not mention the listing plans of the Chinese and Hong Kong firms.</p><p>&#39;GROWING INTEREST&#39;</p><p>CGS International, a unit of state-owned brokerage China Galaxy Securities 601881.SS, is working with at least two China-based companies to list on the SGX as early as this year, according to Saw. He declined to name the companies.</p><p>Some of the mainland Chinese and Hong Kong companies could raise around $100 million via primary listings in Singapore, said one of the sources.</p><p>SGX is usually not the first choice for Chinese companies eyeing an offshore market debut. Most of them prefer Hong Kong due to Beijing&#39;s support and a large pool of institutional and retail investors more familiar with Chinese brands.</p><p>Beijing&#39;s efforts to boost ties with Southeast Asia, amid escalating tension with Washington, have, however, encouraged some Chinese companies to increase their presence in the region, capital market advisers said.</p><p>The listing plans in Singapore come after the city-state in February announced measures to strengthen its equities market, which included a 20% tax rebate for primary listings, and vowed to unveil a next set of measures in the second half of 2025.</p><p>The initiatives are set to boost interest in the local IPO market, said Ringo Choi, EY&#39;s Asia Pacific IPO Leader, adding that Singapore&#39;s &#34;political stability and neutral stance&#34; on geopolitical matters should appeal to companies.</p><p>Not many, however, see Singapore closing its gap with Hong Kong in equity listings in the near future, due to factors including Singapore&#39;s relatively conservative investors and stricter listing requirements.</p><p>&#34;You need to make it easier for companies, especially technology companies, to list,&#34; said the managing director of a Singapore-based multinational software company, who declined to be named as he was not authorised to speak to the media.</p><p>&#34;Most of the startups in the region are headquartered in Singapore, so this should be the place they list.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"80388":"香港交易所-R","601881":"中国银河","BK1131":"金融交易所和数据","LU0048597586.USD":"富达亚洲焦点A","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU1366334578.USD":"ALLSPRING EMERGING MARKETS EQUITY INCOME \"A\" (USD) INC","LU0261947096.USD":"FIDELITY FUNDS  SUSTAINABLE ASIA EQUITY \"A\" (USD) ACC","00388":"香港交易所","LU1504937902.USD":"CT (LUX) I ASIAN EQUITY INCOME \"DUP\" (EUR) INC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU1044874839.SGD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"AGH\" (SGDHDG) ACC","LU0540923850.HKD":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","00003":"香港中华煤气","LU0648948544.HKD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AM\" (HKD) INC","LU0762542818.HKD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM\" (HKD) INC","IE00BKZH1Z71.USD":"BNY MELLON ASIAN INCOME \"B\" (USD) ACC","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","IE00B3T34201.USD":"BNY MELLON GLOBAL EQUITY INCOME \"B\" (USD) INC","HKXCY":"香港交易所ADR","LU1044875133.USD":"天利亚洲反向股票 AU Acc","ES3.SI":"STI ETF","LU1807302812.USD":"UBS (LUX) EQUITY SICAV ALL CHINA \"P\" (USD) ACC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","LU1734074674.USD":"NINETY ONE GSF ASIA PACIFIC FRANCHISE \"A\"(USD) ACC","LU0898667661.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD-H","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","LU2242646235.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) ACC","00182":"协合新能源","LU0577902538.SGD":"Fullerton Lux Funds - Asia Growth and Income Equities A Acc SGD","LU1044876610.USD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"ZU\" (USD) ACC","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","LU0188438112.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","STI.SI":"富时新加坡海峡指数","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","03145":"华夏亚洲高息股","S68.SI":"新加坡交易所","09869":"海伦司","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","FSTM.SI":"富时海峡中盘指数","LU2242652126.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) INC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","FSTAS.SI":"富时海峡全股指数","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250517:nL4N3R718G:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2536853289","content_text":"At least five Chinese and Hong Kong firms eye listings on SGXChinese firms eye Singapore listings to expand in Southeast AsiaSingapore bourse hosted 4 IPOs in 2024, versus 71 in Hong KongSGX says listings to provide Chinese firms 'gateway' to world(Reuters) - At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions.The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group, said the sources, who have direct knowledge of the matter, but declined to be named or to name the firms as the plans are not finalised.The listings would give a boost to Singapore Exchange Ltd (SGX), which, despite being a popular venue for yield plays such as real estate investment trusts, has been struggling to attract mega listings and bolster trading volumes.SGX hosted just four initial public offerings in 2024, according to its website. That compares with 71 new company listings recorded by its rival regional bourse Hong Kong Exchanges and Clearing Ltd 0388.HK.Chinese companies are looking to tap the Singaporean bourse as they look to enter, or expand business in, Southeast Asia amid a trade war with the United States, Jason Saw, investment banking group head at CGS International Securities, said.U.S. President Donald Trump imposed tariffs of 145% on imports of Chinese goods, and China in turn raised tariffs on U.S. goods to 125%, before the two sides agreed a 90-day pause last weekend. But uncertainty remains, given the time limit and the Trump administration's unpredictability.Enquiries about listings on SGX \"shot through the roof\" after Trump ramped up his trade actions against China, Saw said.\"For the next years and decades, gateways from China to the world are going to be more important,\" said Pol de Win, senior managing director and head of global sales and origination at SGX.\"Singapore is an important gateway, whether it's trade (or) business activity from China to the outside world, and a listing in Singapore is an important component of that.\" De Win did not mention the listing plans of the Chinese and Hong Kong firms.'GROWING INTEREST'CGS International, a unit of state-owned brokerage China Galaxy Securities 601881.SS, is working with at least two China-based companies to list on the SGX as early as this year, according to Saw. He declined to name the companies.Some of the mainland Chinese and Hong Kong companies could raise around $100 million via primary listings in Singapore, said one of the sources.SGX is usually not the first choice for Chinese companies eyeing an offshore market debut. Most of them prefer Hong Kong due to Beijing's support and a large pool of institutional and retail investors more familiar with Chinese brands.Beijing's efforts to boost ties with Southeast Asia, amid escalating tension with Washington, have, however, encouraged some Chinese companies to increase their presence in the region, capital market advisers said.The listing plans in Singapore come after the city-state in February announced measures to strengthen its equities market, which included a 20% tax rebate for primary listings, and vowed to unveil a next set of measures in the second half of 2025.The initiatives are set to boost interest in the local IPO market, said Ringo Choi, EY's Asia Pacific IPO Leader, adding that Singapore's \"political stability and neutral stance\" on geopolitical matters should appeal to companies.Not many, however, see Singapore closing its gap with Hong Kong in equity listings in the near future, due to factors including Singapore's relatively conservative investors and stricter listing requirements.\"You need to make it easier for companies, especially technology companies, to list,\" said the managing director of a Singapore-based multinational software company, who declined to be named as he was not authorised to speak to the media.\"Most of the startups in the region are headquartered in Singapore, so this should be the place they list.\"","news_type":1,"symbols_score_info":{"80388":0.6,"601881":0.9,"ES3.SI":0.6,"00003":0.9,"FSTAS.SI":0.6,"HKXCY":0.6,"00182":0.9,"HEXmain":0.6,"STI.SI":0.6,"09869":0.9,"03145":0.6,"S68.SI":0.9,"FSTM.SI":0.6,"00388":0.9}},"isVote":1,"tweetType":1,"viewCount":811,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003910990,"gmtCreate":1640843038906,"gmtModify":1676533547255,"author":{"id":"3555135328419628","authorId":"3555135328419628","name":"maxlimgy","avatar":"https://static.tigerbbs.com/d9ba3225e5fc5f7d29e4c93693c1f26c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555135328419628","idStr":"3555135328419628"},"themes":[],"htmlText":"Alibaba is a value play?&nbsp;","listText":"Alibaba is a value play?&nbsp;","text":"Alibaba is a value play?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003910990","isVote":1,"tweetType":1,"viewCount":1415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328925841,"gmtCreate":1615480918183,"gmtModify":1704783508538,"author":{"id":"3555135328419628","authorId":"3555135328419628","name":"maxlimgy","avatar":"https://static.tigerbbs.com/d9ba3225e5fc5f7d29e4c93693c1f26c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555135328419628","idStr":"3555135328419628"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CPNG\">$Coupang, Inc.(CPNG)$</a>yawn... Time to zzz. Zzz is more impt","listText":"<a href=\"https://laohu8.com/S/CPNG\">$Coupang, Inc.(CPNG)$</a>yawn... Time to zzz. Zzz is more impt","text":"$Coupang, Inc.(CPNG)$yawn... Time to zzz. Zzz is more impt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328925841","isVote":1,"tweetType":1,"viewCount":959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":436335086522992,"gmtCreate":1747563344969,"gmtModify":1747567780334,"author":{"id":"3555135328419628","authorId":"3555135328419628","name":"maxlimgy","avatar":"https://static.tigerbbs.com/d9ba3225e5fc5f7d29e4c93693c1f26c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555135328419628","authorIdStr":"3555135328419628"},"themes":[],"htmlText":"Better Don come.&nbsp;","listText":"Better Don come.&nbsp;","text":"Better Don come.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/436335086522992","repostId":"2536853289","repostType":2,"repost":{"id":"2536853289","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1747561037,"share":"https://ttm.financial/m/news/2536853289?lang=en_US&edition=fundamental","pubTime":"2025-05-18 17:37","market":"sg","language":"en","title":"Some Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War","url":"https://stock-news.laohu8.com/highlight/detail?id=2536853289","media":"Reuters","summary":"At least five Chinese and Hong Kong firms eye listings on SGXChinese firms eye Singapore listings to expand in Southeast AsiaSingapore bourse hosted 4 IPOs in 2024, versus 71 in Hong KongSGX says list","content":"<html><head></head><body><ul style=\"\"><li><p>At least five Chinese and Hong Kong firms eye listings on SGX</p></li><li><p>Chinese firms eye Singapore listings to expand in Southeast Asia</p></li><li><p>Singapore bourse hosted 4 IPOs in 2024, versus 71 in Hong Kong</p></li><li><p>SGX says listings to provide Chinese firms &#39;gateway&#39; to world</p></li></ul><p>(Reuters) - At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions.</p><p>The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group, said the sources, who have direct knowledge of the matter, but declined to be named or to name the firms as the plans are not finalised.</p><p>The listings would give a boost to Singapore Exchange Ltd (SGX), which, despite being a popular venue for yield plays such as real estate investment trusts, has been struggling to attract mega listings and bolster trading volumes.</p><p>SGX hosted just four initial public offerings in 2024, according to its website. That compares with 71 new company listings recorded by its rival regional bourse Hong Kong Exchanges and Clearing Ltd 0388.HK.</p><p>Chinese companies are looking to tap the Singaporean bourse as they look to enter, or expand business in, Southeast Asia amid a trade war with the United States, Jason Saw, investment banking group head at CGS International Securities, said.</p><p>U.S. President Donald Trump imposed tariffs of 145% on imports of Chinese goods, and China in turn raised tariffs on U.S. goods to 125%, before the two sides agreed a 90-day pause last weekend. But uncertainty remains, given the time limit and the Trump administration&#39;s unpredictability.</p><p>Enquiries about listings on SGX &#34;shot through the roof&#34; after Trump ramped up his trade actions against China, Saw said.</p><p>&#34;For the next years and decades, gateways from China to the world are going to be more important,&#34; said Pol de Win, senior managing director and head of global sales and origination at SGX.</p><p>&#34;Singapore is an important gateway, whether it&#39;s trade (or) business activity from China to the outside world, and a listing in Singapore is an important component of that.&#34; De Win did not mention the listing plans of the Chinese and Hong Kong firms.</p><p>&#39;GROWING INTEREST&#39;</p><p>CGS International, a unit of state-owned brokerage China Galaxy Securities 601881.SS, is working with at least two China-based companies to list on the SGX as early as this year, according to Saw. He declined to name the companies.</p><p>Some of the mainland Chinese and Hong Kong companies could raise around $100 million via primary listings in Singapore, said one of the sources.</p><p>SGX is usually not the first choice for Chinese companies eyeing an offshore market debut. Most of them prefer Hong Kong due to Beijing&#39;s support and a large pool of institutional and retail investors more familiar with Chinese brands.</p><p>Beijing&#39;s efforts to boost ties with Southeast Asia, amid escalating tension with Washington, have, however, encouraged some Chinese companies to increase their presence in the region, capital market advisers said.</p><p>The listing plans in Singapore come after the city-state in February announced measures to strengthen its equities market, which included a 20% tax rebate for primary listings, and vowed to unveil a next set of measures in the second half of 2025.</p><p>The initiatives are set to boost interest in the local IPO market, said Ringo Choi, EY&#39;s Asia Pacific IPO Leader, adding that Singapore&#39;s &#34;political stability and neutral stance&#34; on geopolitical matters should appeal to companies.</p><p>Not many, however, see Singapore closing its gap with Hong Kong in equity listings in the near future, due to factors including Singapore&#39;s relatively conservative investors and stricter listing requirements.</p><p>&#34;You need to make it easier for companies, especially technology companies, to list,&#34; said the managing director of a Singapore-based multinational software company, who declined to be named as he was not authorised to speak to the media.</p><p>&#34;Most of the startups in the region are headquartered in Singapore, so this should be the place they list.&#34;</p></body></html>","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>Some Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War</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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}\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\">\nSome Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-18 17:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul style=\"\"><li><p>At least five Chinese and Hong Kong firms eye listings on SGX</p></li><li><p>Chinese firms eye Singapore listings to expand in Southeast Asia</p></li><li><p>Singapore bourse hosted 4 IPOs in 2024, versus 71 in Hong Kong</p></li><li><p>SGX says listings to provide Chinese firms &#39;gateway&#39; to world</p></li></ul><p>(Reuters) - At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions.</p><p>The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group, said the sources, who have direct knowledge of the matter, but declined to be named or to name the firms as the plans are not finalised.</p><p>The listings would give a boost to Singapore Exchange Ltd (SGX), which, despite being a popular venue for yield plays such as real estate investment trusts, has been struggling to attract mega listings and bolster trading volumes.</p><p>SGX hosted just four initial public offerings in 2024, according to its website. That compares with 71 new company listings recorded by its rival regional bourse Hong Kong Exchanges and Clearing Ltd 0388.HK.</p><p>Chinese companies are looking to tap the Singaporean bourse as they look to enter, or expand business in, Southeast Asia amid a trade war with the United States, Jason Saw, investment banking group head at CGS International Securities, said.</p><p>U.S. President Donald Trump imposed tariffs of 145% on imports of Chinese goods, and China in turn raised tariffs on U.S. goods to 125%, before the two sides agreed a 90-day pause last weekend. But uncertainty remains, given the time limit and the Trump administration&#39;s unpredictability.</p><p>Enquiries about listings on SGX &#34;shot through the roof&#34; after Trump ramped up his trade actions against China, Saw said.</p><p>&#34;For the next years and decades, gateways from China to the world are going to be more important,&#34; said Pol de Win, senior managing director and head of global sales and origination at SGX.</p><p>&#34;Singapore is an important gateway, whether it&#39;s trade (or) business activity from China to the outside world, and a listing in Singapore is an important component of that.&#34; De Win did not mention the listing plans of the Chinese and Hong Kong firms.</p><p>&#39;GROWING INTEREST&#39;</p><p>CGS International, a unit of state-owned brokerage China Galaxy Securities 601881.SS, is working with at least two China-based companies to list on the SGX as early as this year, according to Saw. He declined to name the companies.</p><p>Some of the mainland Chinese and Hong Kong companies could raise around $100 million via primary listings in Singapore, said one of the sources.</p><p>SGX is usually not the first choice for Chinese companies eyeing an offshore market debut. Most of them prefer Hong Kong due to Beijing&#39;s support and a large pool of institutional and retail investors more familiar with Chinese brands.</p><p>Beijing&#39;s efforts to boost ties with Southeast Asia, amid escalating tension with Washington, have, however, encouraged some Chinese companies to increase their presence in the region, capital market advisers said.</p><p>The listing plans in Singapore come after the city-state in February announced measures to strengthen its equities market, which included a 20% tax rebate for primary listings, and vowed to unveil a next set of measures in the second half of 2025.</p><p>The initiatives are set to boost interest in the local IPO market, said Ringo Choi, EY&#39;s Asia Pacific IPO Leader, adding that Singapore&#39;s &#34;political stability and neutral stance&#34; on geopolitical matters should appeal to companies.</p><p>Not many, however, see Singapore closing its gap with Hong Kong in equity listings in the near future, due to factors including Singapore&#39;s relatively conservative investors and stricter listing requirements.</p><p>&#34;You need to make it easier for companies, especially technology companies, to list,&#34; said the managing director of a Singapore-based multinational software company, who declined to be named as he was not authorised to speak to the media.</p><p>&#34;Most of the startups in the region are headquartered in Singapore, so this should be the place they list.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"80388":"香港交易所-R","601881":"中国银河","BK1131":"金融交易所和数据","LU0048597586.USD":"富达亚洲焦点A","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU1366334578.USD":"ALLSPRING EMERGING MARKETS EQUITY INCOME \"A\" (USD) INC","LU0261947096.USD":"FIDELITY FUNDS  SUSTAINABLE ASIA EQUITY \"A\" (USD) ACC","00388":"香港交易所","LU1504937902.USD":"CT (LUX) I ASIAN EQUITY INCOME \"DUP\" (EUR) INC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU1044874839.SGD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"AGH\" (SGDHDG) ACC","LU0540923850.HKD":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","00003":"香港中华煤气","LU0648948544.HKD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AM\" (HKD) INC","LU0762542818.HKD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM\" (HKD) INC","IE00BKZH1Z71.USD":"BNY MELLON ASIAN INCOME \"B\" (USD) ACC","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","IE00B3T34201.USD":"BNY MELLON GLOBAL EQUITY INCOME \"B\" (USD) INC","HKXCY":"香港交易所ADR","LU1044875133.USD":"天利亚洲反向股票 AU Acc","ES3.SI":"STI ETF","LU1807302812.USD":"UBS (LUX) EQUITY SICAV ALL CHINA \"P\" (USD) ACC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","LU1734074674.USD":"NINETY ONE GSF ASIA PACIFIC FRANCHISE \"A\"(USD) ACC","LU0898667661.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD-H","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","LU2242646235.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) ACC","00182":"协合新能源","LU0577902538.SGD":"Fullerton Lux Funds - Asia Growth and Income Equities A Acc SGD","LU1044876610.USD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"ZU\" (USD) ACC","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","LU0188438112.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","STI.SI":"富时新加坡海峡指数","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","03145":"华夏亚洲高息股","S68.SI":"新加坡交易所","09869":"海伦司","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","FSTM.SI":"富时海峡中盘指数","LU2242652126.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) INC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","FSTAS.SI":"富时海峡全股指数","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250517:nL4N3R718G:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2536853289","content_text":"At least five Chinese and Hong Kong firms eye listings on SGXChinese firms eye Singapore listings to expand in Southeast AsiaSingapore bourse hosted 4 IPOs in 2024, versus 71 in Hong KongSGX says listings to provide Chinese firms 'gateway' to world(Reuters) - At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions.The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group, said the sources, who have direct knowledge of the matter, but declined to be named or to name the firms as the plans are not finalised.The listings would give a boost to Singapore Exchange Ltd (SGX), which, despite being a popular venue for yield plays such as real estate investment trusts, has been struggling to attract mega listings and bolster trading volumes.SGX hosted just four initial public offerings in 2024, according to its website. That compares with 71 new company listings recorded by its rival regional bourse Hong Kong Exchanges and Clearing Ltd 0388.HK.Chinese companies are looking to tap the Singaporean bourse as they look to enter, or expand business in, Southeast Asia amid a trade war with the United States, Jason Saw, investment banking group head at CGS International Securities, said.U.S. President Donald Trump imposed tariffs of 145% on imports of Chinese goods, and China in turn raised tariffs on U.S. goods to 125%, before the two sides agreed a 90-day pause last weekend. But uncertainty remains, given the time limit and the Trump administration's unpredictability.Enquiries about listings on SGX \"shot through the roof\" after Trump ramped up his trade actions against China, Saw said.\"For the next years and decades, gateways from China to the world are going to be more important,\" said Pol de Win, senior managing director and head of global sales and origination at SGX.\"Singapore is an important gateway, whether it's trade (or) business activity from China to the outside world, and a listing in Singapore is an important component of that.\" De Win did not mention the listing plans of the Chinese and Hong Kong firms.'GROWING INTEREST'CGS International, a unit of state-owned brokerage China Galaxy Securities 601881.SS, is working with at least two China-based companies to list on the SGX as early as this year, according to Saw. He declined to name the companies.Some of the mainland Chinese and Hong Kong companies could raise around $100 million via primary listings in Singapore, said one of the sources.SGX is usually not the first choice for Chinese companies eyeing an offshore market debut. Most of them prefer Hong Kong due to Beijing's support and a large pool of institutional and retail investors more familiar with Chinese brands.Beijing's efforts to boost ties with Southeast Asia, amid escalating tension with Washington, have, however, encouraged some Chinese companies to increase their presence in the region, capital market advisers said.The listing plans in Singapore come after the city-state in February announced measures to strengthen its equities market, which included a 20% tax rebate for primary listings, and vowed to unveil a next set of measures in the second half of 2025.The initiatives are set to boost interest in the local IPO market, said Ringo Choi, EY's Asia Pacific IPO Leader, adding that Singapore's \"political stability and neutral stance\" on geopolitical matters should appeal to companies.Not many, however, see Singapore closing its gap with Hong Kong in equity listings in the near future, due to factors including Singapore's relatively conservative investors and stricter listing requirements.\"You need to make it easier for companies, especially technology companies, to list,\" said the managing director of a Singapore-based multinational software company, who declined to be named as he was not authorised to speak to the media.\"Most of the startups in the region are headquartered in Singapore, so this should be the place they list.\"","news_type":1,"symbols_score_info":{"80388":0.6,"601881":0.9,"ES3.SI":0.6,"00003":0.9,"FSTAS.SI":0.6,"HKXCY":0.6,"00182":0.9,"HEXmain":0.6,"STI.SI":0.6,"09869":0.9,"03145":0.6,"S68.SI":0.9,"FSTM.SI":0.6,"00388":0.9}},"isVote":1,"tweetType":1,"viewCount":811,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003910990,"gmtCreate":1640843038906,"gmtModify":1676533547255,"author":{"id":"3555135328419628","authorId":"3555135328419628","name":"maxlimgy","avatar":"https://static.tigerbbs.com/d9ba3225e5fc5f7d29e4c93693c1f26c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555135328419628","authorIdStr":"3555135328419628"},"themes":[],"htmlText":"Alibaba is a value play?&nbsp;","listText":"Alibaba is a value play?&nbsp;","text":"Alibaba is a value play?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003910990","isVote":1,"tweetType":1,"viewCount":1415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328925841,"gmtCreate":1615480918183,"gmtModify":1704783508538,"author":{"id":"3555135328419628","authorId":"3555135328419628","name":"maxlimgy","avatar":"https://static.tigerbbs.com/d9ba3225e5fc5f7d29e4c93693c1f26c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555135328419628","authorIdStr":"3555135328419628"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CPNG\">$Coupang, Inc.(CPNG)$</a>yawn... Time to zzz. Zzz is more impt","listText":"<a href=\"https://laohu8.com/S/CPNG\">$Coupang, Inc.(CPNG)$</a>yawn... Time to zzz. Zzz is more impt","text":"$Coupang, Inc.(CPNG)$yawn... Time to zzz. Zzz is more impt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328925841","isVote":1,"tweetType":1,"viewCount":959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}