Singapore Exchange (SGX)

RHB expects SGX to post ‘strong’ earnings growth for 1HFY2025 with 17.5 cents interim DPS - THE EDGE SINGAPORE

Broker's Calls

RHB expects SGX to post ‘strong’ earnings growth for 1HFY2025 with 17.5 cents interim DPS

Singapore Exchange will report its results for 1HFY2025 ended Dec 31, 2024 on Feb 6.
CGSI raises Bursa Malaysia’s target price after 55 IPOs in 2024 mark 19-year high - THE EDGE SINGAPORE

Broker's Calls

CGSI raises Bursa Malaysia’s target price after 55 IPOs in 2024 mark 19-year high

Bursa Malaysia now sees 60 potential IPOs in 2025, and CGS International (CGSI) analyst Winson Ng is projecting “healthy” 7.1% net profit growth for 2025.

Company in the news

Yongan International Financial (Singapore) becomes SGX’s 31st derivatives clearing member

The firm is a wholly-owned Singapore subsidiary of Xin Yongan International Financial Holdings, which is incorporated in Hong Kong.

Singapore economy

SGX Group chairman calls for ‘bold and decisive actions’ to solve stock market’s ‘longstanding issues’

“A myriad of structural and policy issues must be addressed, certainly by SGX, but also with policymakers, regulators and all players within the ecosystem,” says Koh Boon Hwee.
‘Not practical’ to rely on sovereign wealth to support, sustain Singapore equities: Gan Kim Yong - THE EDGE SINGAPORE

Singapore economy

‘Not practical’ to rely on sovereign wealth to support, sustain Singapore equities: Gan Kim Yong

Gan adds that some market observers have called the current regulatory regime “cumbersome and restrictive in certain aspects for issuers”, and “overly protective of investors”
DBS, SIA, Mapletree Logistics Trust appear in Syfe’s list of top-traded SGX stocks for the year - THE EDGE SINGAPORE

Global Markets

DBS, SIA, Mapletree Logistics Trust appear in Syfe’s list of top-traded SGX stocks for the year

Syfe also released the top five most-traded stocks in the US and Hong Kong respectively; one stock on the latter exchange has surged 635% year to date.
The pace of delistings goes on, but 2025 could be a year of IPO revivals (updated) - THE EDGE SINGAPORE

IPO

The pace of delistings goes on, but 2025 could be a year of IPO revivals (updated)

The Singapore market had to put up with yet another busy year of delistings, but with better certainty over interest rates, deferred and new listings could be heading its way.
Singapore’s V Medical Aesthetics said to mull IPO in Malaysia - THE EDGE SINGAPORE

IPO

Singapore’s V Medical Aesthetics said to mull IPO in Malaysia

V Medical Aesthetics offers services to treat skin problems and has more than 48 doctors at some 17 clinics, according to its website. The company opened a branch in Kuala Lumpur in February.

IPO

Praemia REIM said to consider Singapore healthcare REIT IPO

The Paris-based company has held talks with prospective arrangers to help prepare for a potential listing that could take place as soon as 2025, the people said.
SGX launches depository receipts for five Hong Kong stocks, including Alibaba, BYD - THE EDGE SINGAPORE

Markets

SGX launches depository receipts for five Hong Kong stocks, including Alibaba, BYD

SGX has launched Hong Kong SDRs for five mega-cap companies: BYD Company, HSBC, Bank of China, Alibaba and Tencent.
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