Some Chinese companies eye Singapore listings to expand markets amid trade war
- At least five firms based in mainland China or Hong Kong intend to pursue initial public offerings, dual listings, or share issuances on the Singapore Exchange over the next 12 to 18 months.
- This activity follows global trade tensions between the US and China, including high tariffs and a recent 90-day tariff pause encouraging firms to seek new market access.
- The listings aim to support Chinese firms expanding in Southeast Asia while helping SGX, which hosted four IPOs in 2024 and struggles with mega listings and trading volumes.
- According to a source, several mainland Chinese and Hong Kong firms may secure approximately $100 million through primary listings in Singapore, where the SGX provides a 20% tax rebate and benefits from political stability that is attractive amid ongoing geopolitical tensions.
- These planned listings could boost SGX and reflect Singapore’s growing role as a gateway between China and the global market amid ongoing trade conflicts.
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Some Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War
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Read Full ArticleSome Chinese companies eye Singapore listings to expand markets amid trade war: sources
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 South-east Asia amid global trade tensions.
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