SGX(US:SPXCY) Jin Rong Jie·2026-02-16 03:32Group 1 - The mid-term outlook for the Singapore Exchange is improving due to favorable policy factors [1] - The Monetary Authority of Singapore has increased the funding for the "Stock Market Development Plan" from SGD 5 billion to SGD 6.5 billion, with SGD 3.95 billion already allocated [1] - The next tranche of funding is expected to be released around mid-2026, which should help fund managers increase their exposure to Singapore stocks and improve market liquidity [1] Group 2 - The government has convened a "Growth Capital Working Group" to strengthen Singapore's position as a growth capital hub [1] - These initiatives are expected to support both primary market issuances and secondary market trading on the Singapore Exchange [1] - RHB has raised the target price for the stock from SGD 18.50 to SGD 19.00 while maintaining a neutral rating [1]