Why Singapore could be the region’s most exposed country to impact of China’s A-share inclusion

SINGAPORE (June 27): About half of Singapore’s listed stocks have revenue exposure to China, Asia’s biggest economy.

While this may bring little or no surprise to investors, the Singapore Exchange (SGX) has noted that the Straits Times Index (STI) has a comparatively high ratio for the current suite of Southeast Asian indices – with a total of 17 STI stocks which geographically segmented their revenues as derived from China, or Greater China, in their latest annual reports.  

As a group, these stocks have generated a 14.9% average price gain in the year to date, and maintain an average dividend yield of 3.2%, says the bourse in a report last Wednesday.

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