每经AI快讯，新加坡交易所日经指数期货开盘上涨205点，报53875点。 ...

每经AI快讯，新加坡交易所日经指数期货开盘下跌1455点，报52335点。 ...

每经AI快讯，1月23日，日经指数期货在新加坡交易所开盘上涨310点，报54030点。 ...

Core Viewpoint - Singapore Exchange Limited (SGX) plans to reduce board lot sizes from 100 units to 10 units for securities valued above S$10, which may enhance accessibility for retail investors, particularly for blue-chip stocks [1] Group 1: DBS Group Holdings - DBS Group Holdings is currently priced over S$58 per share, making a single lot cost nearly S$6,000, but a reduction in lot size could make it more accessible to retail investors [3][5] - For the first nine months of 2025, DBS achieved a record total income of S$17.6 billion, reflecting a 5% year-on-year increase [4] - Despite a 1% year-on-year decline in net profit to S$8.7 billion due to higher expenses, DBS increased dividends by 38.9% year-on-year to S$0.75 per share in 3Q2025 [4] Group 2: Jardine Matheson Holdings - Jardine Matheson is the highest-priced conglomerate on SGX, with shares close to US$75 (approximately S$96) [6] - In the first half of 2025, Jardine's revenue slightly declined by 1% year-on-year, but underlying profit grew by 11% to US$786 million [7] - The company has maintained a dividend of US$0.60 per share, with a long-term record of increasing dividends at a 5.3% CAGR since 2019 [7][8] Group 3: Haw Par Corp - Haw Par Corp, known for its Tiger Balm brand, reported a 7% increase in revenue to S$126.3 million in the first half of 2025, driven by strong demand for healthcare products [9] - Net earnings rose by 18.2% to over S$144 million, largely due to increased dividends from investments in blue-chip companies [10] - The company maintained an interim dividend of S$0.20 per share, with a payout ratio of 30.7%, making it a stable candidate for retail investors [11] Group 4: Implications for Investors - The potential reduction in lot size is expected to benefit the mentioned companies by attracting more retail investors, particularly those who were previously priced out [12][14] - These companies represent a diversified trio across different sectors, likely to lead the next maturation phase of the Singapore market [13][14]

自2025年起，港股上市热潮延续至今，超300家企业正在排队IPO，其中A股上市企业占比不小。 在"A+S"二次上市框架下，已在A股上市的企业可申请在新交所实现二次上市，中企会否改道新交所？ 如何理解新加坡市场的特有魅力？什么样的企业会更受欢迎？ "新加坡市场对中资企业的吸引力并不在规模，而在定位。"安永大中华区上市服务主管合伙人何兆烽认 为，要看到新加坡市场家族办公室等机构投资者占比较高，普遍更关注企业长期现金流和区域成长性， 同时还要看到东南亚产业和资本生态的高度连接。对能源、基础设施、航运物流、生物医药、消费及区 域服务型企业来说，新加坡不仅是上市地，更是业务和融资平台。 针对上述问题，中国银河证券投行业务有关人士、新交所北京代表处首席代表魏浩宇等专家近日接受证 券时报记者采访，分享其思考和见解。 针对新交所整体成交活跃度不及港股市场的情况，由此引发企业赴新加坡上市可能面临的流动性与估值 问题，何兆烽给出了自己的建议。他认为，企业需要在决策阶段就保持理性预期，并在上市后采取主动 管理。一方面，合理设定融资规模和估值区间，避免高定价、低成交，影响市场信心；另一方面，持续 投入高质量的投资者关系管理，加强与 ...

对于中资企业而言，更需要明确的是，同样作为亚洲领先的国际金融中心，新加坡和中国香港在中资企 业出海过程中所发挥的桥梁作用和而不同。 在魏浩宇看来，新加坡的独特竞争力，首先体现在其能够更好地连接东南亚和全球市场。"新加坡凭借 国际化资本和政策支持，能为中资企业提供融资与区域业务拓展协同推进的条件，助力企业扎根东南 亚。"他还表示，新交所以多元资产策略为核心竞争力，凭借股票、外汇、大宗商品、衍生品等全品类 资产布局，为全球投资者提供高效接入与全天候流动性支持，从而可以更好地帮助企业在复杂环境中应 对市场变化。 "新加坡市场对中资企业的吸引力并不在规模，而在定位。"安永大中华区上市服务主管合伙人何兆烽认 为，要看到新加坡市场家族办公室等机构投资者占比较高，普遍更关注企业长期现金流和区域成长性， 同时还要看到东南亚产业和资本生态的高度连接。对能源、基础设施、航运物流、生物医药、消费及区 域服务型企业来说，新加坡不仅是上市地，更是业务和融资平台。 自2025年起，港股上市热潮延续至今，超300家企业正在排队IPO，其中A股上市企业占比不小。 在"A+S"二次上市框架下，已在A股上市的企业可申请在新交所实现二次上市，中企 ...

With SGX and Nasdaq (NASDAQ: NDAQ) teaming up to launch a Global Listing Board, Singapore’s markets are poised to receive a structural boost.This framework allows Asian companies with at least S$2 billion in market capitalisation to tap US liquidity without the usual regulatory hurdles. It’s a big deal – not just for firms raising capital, but for investors hunting for quality stocks.Here are three Singapore dividend stocks that could benefit from this new cross-border arrangement.Singapore Exchange or SGX ...

Group 1 - The Nikkei index futures opened lower in Singapore, down by 185 points, reporting at 54030 points [1]

Core Viewpoint - The global trade environment has become increasingly tense, prompting many Chinese companies to shift their focus from the U.S. stock market to Singapore, where they can now list simultaneously on both the Singapore Exchange (SGX) and Nasdaq with a single prospectus starting mid-2026 [1][3]. Group 1: New Listing Opportunities - Singapore Exchange and Nasdaq have partnered to allow companies to prepare only one set of documents for dual listing [3]. - Eligible companies must have a market capitalization of at least 2 billion SGD (approximately 1.09 billion RMB) and be high-growth Asian firms aiming for global expansion [5]. - The new "Global Listing Board" platform will enable companies to list in either USD or SGD, with stocks traded on both exchanges [8]. Group 2: Regulatory Support and Market Activation - The Monetary Authority of Singapore (MAS) has allocated 30 million SGD (about 160 million RMB) to support the implementation of this initiative [10]. - MAS has reduced the trading lot size for stocks priced above 10 SGD from 100 shares to 10 shares, aiming to attract more retail investors [12]. - A new regulatory framework will be established to align with U.S. standards for prospectus requirements, simplifying the listing process [12]. Group 3: Strategic Advantages for Companies - Asian companies can now avoid the dilemma of choosing between SGX and Nasdaq, as they can access both markets with a single listing [14]. - Companies can select either SGX or Nasdaq as their primary listing venue, allowing seamless access to global trading networks [16]. - The new platform is particularly attractive for Chinese companies with core markets in Southeast Asia, enhancing their brand visibility and reducing listing costs by over 60% [17][20].

Core Viewpoint - Singapore has announced a new policy allowing companies to submit a single set of documents to list simultaneously on both the Singapore Exchange (SGX) and the Nasdaq, aimed at enhancing the appeal of top tech companies in the region [1][3]. Group 1: New Listing Framework - The SGX will launch a "Global Listing Board" in mid-2026, providing a unified and simplified "cross-Pacific financing framework" for companies with a market capitalization of at least 2 billion SGD (approximately 10.8 billion RMB) [1][3]. - Eligible companies will only need to fill out one set of documents to meet the regulatory requirements of both exchanges [3]. Group 2: Market Context and Competitiveness - The new framework is introduced against the backdrop of Singapore's struggles as a major financial hub, with insufficient market liquidity leading some tech companies to opt for direct listings in the U.S. [4]. - In comparison, Hong Kong has seen significantly higher IPO activity, with 80 IPOs raising over 26 billion USD in the first ten months of the year, highlighting the competitive landscape [4]. Group 3: Investor Benefits - The dual listing framework is expected to benefit investors by allowing nearly round-the-clock price discovery and risk management, with options to trade in either USD or SGD [3]. - The Monetary Authority of Singapore (MAS) reported that the average daily trading volume in the local stock market reached 1.53 billion SGD in Q3, the highest level since Q1 2021 [5].