According to SGX, the launch of these three new SDRs rides on strong growth momentum in the SDR market, which has seen a remarkable 10X year-on-year growth in daily turnover to $12 million across 29 underlyings from 3 markets.
SGX is introducing Singapore Depository Receipts of three Hong Kong stocks starting from Feb 2. With these additions, SGX Stock Exchange now offers 32 SDRs across China, Hong Kong, Thailand, and Indonesia.
The three new Hong Kong SDRs are Zijin Gold (HZGD) – China’s largest gold producer, offering exposure to gold’s momentum and rising investor interest in precious metals; Horizon Robotics (HHZD) – China’s leader in AI computing and autonomous driving solutions, partnering with major automakers and powering China’s smart mobility transition and China Mobile (HCMD) – China’s largest mobile network operator and a key player in AI-driven digital infrastructure, offering attractive dividend yields.
