Group 1 - NTT Data Center Real Estate Investment Trust (NTT DC REIT) was listed on the Singapore Exchange (SGX) on July 14, with the stock code "NTDU" [1] - The primary investment strategy of NTT DC REIT is to invest directly or indirectly in a diversified portfolio of income-generating real estate, primarily focused on data centers and assets essential for the digital economy [1] - The IPO portfolio includes six operator-neutral assets that meet Tier III or equivalent standards, distributed across the United States, Austria, and Singapore, with a total estimated value of approximately $1.6 billion and a designed IT load of about 90.7 megawatts (MW) as of December 31, 2024 [1] Group 2 - Pol de Win, Executive Vice President of SGX Group, expressed excitement over the listing of NTT DC REIT, highlighting the growth potential of the data center asset class and the opportunities it presents for global investors in digital infrastructure [2]

Group 1 - The core strategy of Hainan Huatech is to advance its internationalization and globalize its existing business by planning to issue S-shares and list on the Singapore Exchange [1][2] - As of March 2025, Hainan Huatech has signed contracts for computing power services amounting to 6.67 billion yuan, with asset delivery exceeding 900 million yuan [1] - The company is deepening strategic cooperation with key enterprises in the computing power industry, focusing on investments in computing equipment and the DeepSeek ecosystem [1] Group 2 - Hainan Huatech aims to leverage the advantages of the Hainan Free Trade Port to expand its digital and international business, targeting Southeast Asia for growth [2] - The listing on the Singapore Exchange is expected to enhance the company's international recognition and attract global clients and partners [2] - The strategic move to establish a computing power network in Southeast Asia is seen as a way to influence regional digital infrastructure standards and promote cross-border payment in RMB [2] Group 3 - The trend of Chinese companies seeking cross-border financing through listings in Singapore is gaining attention, as the market offers a stable and transparent operating environment [3] - Singapore's flexible capital market and policy advantages, including simplified listing processes and tax incentives, make it an attractive destination for internationalizing Chinese enterprises [3]

Company Announcements - Hainan Huatie is planning to issue shares overseas (S shares) and list on the Singapore Exchange, with discussions ongoing with relevant intermediaries [2] - Wantai Biological's subsidiary has received approval for the listing of its nine-valent HPV vaccine, which is the first domestically approved nine-valent HPV vaccine and the second globally [3] - Huamao Technology intends to purchase the remaining 57.84% stake in Fuchuang Youyue, with the transaction constituting a major asset restructuring [4] - Bangji Technology has suspended trading due to planning a significant matter, which involves acquiring 100% of Shandong Beixi Agricultural and Animal Husbandry Co., Ltd. and 80% of Paistong Livestock Technology Consulting (Shanghai) Co., Ltd. [6] - Zhongke Electric plans to invest no more than 8 billion yuan to establish a lithium-ion battery anode material integrated base project in Oman, with an annual production capacity of 200,000 tons [5] Shareholding Changes - ST Jinbi is planning a change in control, leading to a suspension of its stock [16] - Weijie Chuangxin's shareholder plans to reduce their stake by up to 3% due to funding needs [9] - Kexing Pharmaceutical's controlling shareholder intends to reduce their stake by up to 3% to optimize the company's equity structure [14] - Lier Chemical's shareholder plans to reduce their stake by up to 3% [15] Stock Price Movements - Lehui International's stock has experienced abnormal fluctuations, with its beer business currently in a loss phase [10] - Zhongheng Design's stock has also seen abnormal fluctuations, with low revenue from its "low-altitude economy" and "commercial aerospace" projects [11] - Nanhua Futures' stock is facing uncertainty regarding its H-share issuance and listing on the Hong Kong Stock Exchange [12] Contracts & Project Bids - China Electric Power Construction announced that its subsidiary led a consortium that won a 6.282 billion yuan energy storage project [17]

Core Viewpoint - Hainan Huatie (603300) is planning to issue shares overseas and list on the Singapore Exchange as part of its internationalization strategy [1] Group 1 - The company is currently in discussions with relevant intermediaries regarding the specific progress of the S-share listing [1] - The S-share listing will not result in changes to the company's controlling shareholder or actual controller [1] - The specific plan for the S-share listing will need to be submitted for approval by the company's board of directors and shareholders' meeting, and will also require filing with the China Securities Regulatory Commission and approval from regulatory bodies in Singapore [1]

Core Insights - The meeting focused on enhancing the internationalization of Shenzhen's financial market and facilitating cross-border financing for local enterprises through listings on the Singapore Exchange [1][3] Group 1: Singapore Exchange's Role - The Singapore Exchange (SGX) is recognized as a vital financial infrastructure for Chinese companies seeking international capital, offering a comprehensive listing framework that includes various structures such as red-chip and VIE [2] - SGX aims to attract more high-quality Chinese enterprises for listings, providing extensive support and enhancing its secondary listing mechanisms for companies already listed in Hong Kong, mainland China, and the U.S. [2] Group 2: Shenzhen's Financial Landscape - Shenzhen is positioned as a significant global financial center, with a robust industrial base and a strong emphasis on financial reform and technological innovation [3] - As of April 2025, Shenzhen has a total of 583 listed companies, ranking second in total market capitalization nationwide, with 423 on the A-share market and 160 listed abroad [3] Group 3: Local Government Initiatives - The Shenzhen Municipal Financial Committee is actively supporting high-quality enterprise development through initiatives like venture capital and private equity, aiming to enhance the listing success of local companies [3] - The Futian District, as a financial hub, houses nearly 60% of Shenzhen's licensed financial institutions and has a significant share of the city's venture capital management [4] Group 4: Collaborative Opportunities - Representatives from financial institutions and enterprises discussed practical issues such as ETF connectivity, bond market collaboration, and cross-border fundraising, aiming to strengthen capital flow and mutual benefits between Shenzhen and SGX [4]

Core Viewpoint - The Singapore Exchange (SGX) is strategically enhancing its collaboration with Chinese capital markets to facilitate cross-border capital flow and support the growth of innovative enterprises in China [2][3][5]. Group 1: SGX's Development Strategy - SGX has undergone significant reforms over the past decade, including allowing dual-class shares and SPAC listings, and has focused on sustainable finance [2][5]. - As of 2023, SGX has established "ETF mutual access" with both the Shenzhen Stock Exchange and the Shanghai Stock Exchange, with a total of 9 mutual ETFs amounting to approximately 630 million SGD [2]. - In 2022 and 2023, SGX successfully issued two panda bonds, and notable Chinese companies like NIO and Helen's have listed in Singapore [2][5]. Group 2: Cross-Border Cooperation - The CEO of SGX emphasizes that deepening cooperation between exchanges is crucial in an era of uncertainty, as it fosters an ecosystem that enhances cross-border capital flow and offers investors diverse options [3][6]. - Cross-border collaboration is seen as a means to accelerate innovation, leveraging the strengths of different markets to support sustainable growth [6][8]. Group 3: Market Performance and Growth - SGX reported a 27.3% year-on-year increase in adjusted net profit for the first half of FY2025, reaching 320.1 million SGD, with net revenue growing by 15.6% to 646.4 million SGD [5]. - The exchange's trading volume has significantly increased as investors seek quality assets amid market volatility [5]. Group 4: Future Prospects and Technological Development - SGX is considering the development of more ETF products and broader index development in collaboration with Chinese exchanges to attract international investors [9]. - The exchange is integrating AI tools for regulatory monitoring and is deploying cloud computing solutions to enhance its infrastructure and develop next-generation trading systems [9].

Group 1 - The Nikkei index futures on the Singapore Exchange opened up by 30 points, reaching 37,565 points [1]

Core Points - The Nikkei index futures on the Singapore Exchange opened up by 185 points, reaching a level of 36,255 points [1] Group 1 - The increase in the Nikkei index futures indicates a positive market sentiment [1]

Financial Performance - SGX achieved its highest half-year operating revenue and NPAT in 1H FY2025[10] - Net revenue increased by 15.6% to $646 million, driven by effective execution of a multi-asset strategy amidst macro events[11, 20] - Adjusted expenses remained comparable at $257 million, with cost discipline maintained[11, 23] - Adjusted NPAT was $320 million[11] - The company reaffirmed its Aa2 rating by Moody's in November 2024 with a stable outlook[29] Revenue Segment Growth - Derivatives revenue increased, with Equity Derivatives DAV up 16.4% to 728,000 contracts[15, 21] - Cash equities SDAV increased by 31.2% to $1.26 billion, driven by elevated investor interest and investment flows[15, 16, 21] - OTC FX headline ADV increased by 35.4% to US$136 billion[21] Business Updates - FX Derivatives recorded a DAV increase of 40% year-over-year for CNH, INR & KRW futures[37] - Iron Ore DAV increased by 13% year-over-year, with financialization accelerating[42] - Equity Derivatives saw increased global usage amid positive momentum in Asia[46]

据统计，新加坡交易所的公司数量在10月降至617家，为2004年9月以来的最低水平。 财联社12月27日电，今年新加坡仅有4家公司上市，多家公司退市，新加坡交易所的上市公司数量已降 至二十年来最低点。 自2013年达到782家的高点以来，这一数字一直在稳步下降，新加坡国内公司被吸引到海外上市，尤其 是在美国等更大且交易更活跃的市场。 ...