123 views
Photo from Unsplash by Donald Wu.

Singapore extends depository receipts to 5 Hong Kong firms

This allows Singaporean investors new investment options in Hong Kong.

The Singapore Exchange (SGX) unveiled the new Hong Kong Singapore Depository Receipts which lets investors buy shares of major Hong Kong companies whilst trading them on the SGX.

This setup lets investors access leading Hong Kong stocks with more ease, lower costs, and the convenience of managing their investments on a single platform. It also helps investors diversify, or spread out, their investments across different sectors.

The five biggest stocks on the Hang Seng Index—Tencent, Alibaba, Bank of China, HSBC, and BYD—are now available as HK SDRs on SGX.

SGX now has 13 SDRs, including eight from Thailand, which cover over 40% of Thailand’s largest companies (the SET 50 index). Tencent and Alibaba are also part of the top five stocks in the Lion-OCBC Securities Hang Seng Tech ETF, a popular tech-focused investment fund on SGX.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.