新交所与纳斯达克官宣：将于明年年中推出环球上市板

Core Viewpoint - The introduction of the "Global Listing Board" by the Singapore Exchange Group and Nasdaq marks a significant step towards enhancing connectivity in global capital markets, allowing companies to dual-list efficiently across the Pacific with a single set of listing documents [1][2]. Group 1: Global Listing Board Details - The new framework will enable companies with a market capitalization of at least 2 billion SGD (approximately 10.8 billion RMB) to meet the regulatory requirements of both exchanges simultaneously [1]. - The initiative aims to simplify the listing process through a unified set of disclosure requirements, reducing institutional barriers, complexity, and cost burdens for cross-border listings [3]. Group 2: Market Context and Challenges - Singapore, as a major financial hub in Asia, is responding to challenges posed by weak liquidity in its securities market, which has led many local tech companies to opt for listings in the U.S. [4][5]. - The Monetary Authority of Singapore is actively addressing these challenges through a coordinated approach involving demand, supply, and regulatory measures, including a 5 billion SGD "Securities Market Development Plan" [6]. Group 3: Support and Collaboration - The initiative has received strong support from various stakeholders, emphasizing the importance of attracting high-quality growth-oriented companies related to Asia to expand their investor base without navigating complex dual regulatory systems [7]. - Key figures from both exchanges and government bodies have highlighted the potential for this collaboration to create scale efficiencies and enhance the investment ecosystem in Singapore [7].