The paper notes that the performance of Singapore’s stock market has “underperformed” with low volumes and opaque corporate disclosure practices.
Singapore appears to be benefitting from China’s crackdown on Hong Kong. Singapore is experiencing “record amounts of private wealth and capital”, Economist Intelligence (EIU) says, owing to Singapore’s “stability, business-friendly and low-tax market regime.”
That said, compared to Singapore’s private markets, the performance of the local bourse has “paled in comparison”.
