Xin Hua Cai Jing·2025-11-20 09:18Core Insights - The Monetary Authority of Singapore (MAS) has announced significant measures to enhance the competitiveness of the Singapore stock market, including the establishment of a dual listing bridge between the Singapore Exchange (SGX) and Nasdaq [1][2] - A total of SGD 30 million will be allocated for the "Value Unlock" initiative aimed at improving the quality of listed companies [1] - The report indicates a positive trend in market activity, with a 16% year-on-year increase in average daily trading volume in Q3 2025 [2] Group 1: Dual Listing Mechanism - MAS aims to facilitate high-quality growth companies with Asian backgrounds to access both North American and Asian markets through a unified issuance document [1] - The dual listing mechanism is targeted at companies with a market capitalization of SGD 2 billion and above, expected to launch in mid-2026 [1] Group 2: Value Unlock Initiative - The "Value Unlock" plan will be funded by SGD 30 million from the Financial Sector Development Fund (FSDF) to help listed companies enhance their strategic capabilities and investor relations [1] - This initiative is designed to improve communication of value to the market and strengthen relationships with investors [1] Group 3: Asset Management and Investment Strategies - MAS has appointed a second batch of asset managers under the "Stock Market Development Plan," allocating a total of SGD 28.5 billion to various institutions [2] - The plan aims to attract a broader range of investors into the Singapore stock market and support quality new stock issuances [2] Group 4: Market Structure Optimization - SGX plans to reduce the trading unit for securities priced above SGD 10 from 100 shares to 10 shares to lower the investment threshold for retail investors [2] - Additional measures include promoting brokerage custodial accounts and introducing market-making incentives for mid-cap stocks outside the Straits Times Index (STI) [2]