企业很快将有机会在美国和新加坡两地上市，这在新加坡交易所和纳斯达克之间尚属首例。 新加坡交易所-纳斯达克双重上市桥梁将于今年年终启动，这是新加坡振兴其证券交易所计划的一部 分。新加坡交易所（SGX）长期以来在吸引IPO和其他交易方面落后于香港交易所等其他区域性交易 所。 安永会计师事务所东盟IPO负责人陈耀强表示，这座桥梁可能会吸引那些希望利用美国深厚的资本市 场，同时又希望在东南亚获得"强大品牌知名度"的东南亚公司。 德勤东南亚资本服务市场主管郑慧玲补充说，美国公司也可能借此机会延长其交易时间，使其超过美国 市场收盘时间，并加强其在东南亚的业务。 星展银行全球投资银行主管李克福表示，此次合作也为希望在当前地缘政治不确定性下实现多元化投资 的亚洲投资者拓宽了投资选择。 新加坡交易所发言人表示："通过全球上市委员会，企业可以同时获得美国市场的深度和亚洲市场的增 长，并走上一条更便捷的途径。" 对新加坡有利？ 新加坡证券交易所长期以来流动性不足。新加坡交易所的日均成交额仅为14亿美元，而香港交易所的日 均成交额则高达290亿美元。 此外，美国拥有比其他亚洲交易所更雄厚的资本实力。这促使多家东南亚公司，例如网约车公 ...

Group 1 - The core initiative involves a partnership between Singapore Exchange (SGX) and Nasdaq to launch a "Global Listing Board" aimed at simplifying the dual listing process for companies with a market capitalization exceeding 2 billion SGD (approximately 1.5 billion USD) [1][3] - The new framework will significantly streamline the listing process, allowing eligible companies to submit a single set of listing documents through a unified review process to meet the regulatory requirements of both exchanges by mid-2026 [3] - The Monetary Authority of Singapore has announced several measures to enhance market competitiveness, including a "Value Unlock" program with a budget of 30 million SGD to assist companies in improving their strategic, capital optimization, and investor relations capabilities [3] Group 2 - The backdrop for the new framework is Singapore's struggle as a major financial hub in Asia, with insufficient market liquidity leading several local tech companies, such as Grab and Sea Limited, to opt for direct listings in the US [4] - As of early November, SGX's mainboard has recorded only 5 IPOs this year, which is the best performance in recent years but still falls short compared to competitors like the Hong Kong Stock Exchange [4] - The Hong Kong stock market has seen an average daily trading volume exceeding 32 billion USD this year, doubling from the previous year, with 80 IPOs raising over 26 billion USD in the first ten months, ranking first globally in IPO fundraising [4]

Core Insights - Singapore Exchange (SGX) and Nasdaq have established a milestone partnership to launch a global listing board, set to go live in mid-2026 [1] Group 1 - The collaboration between SGX and Nasdaq marks a significant development in the financial markets [1] - The global listing board aims to enhance cross-border capital raising opportunities for companies [1] - This initiative reflects the growing trend of global collaboration among exchanges to attract more listings [1]