https://finance.yahoo.com/news/incredible-shrinking-singapore-stock-market-180030820.html
The Bloomberg article has corroborated our previous analyses about SGX below.
http://sg-stock.blogspot.com/2018/12/sgx-has-lost-its-ipo-crown-jewel-status.html
http://sg-stock.blogspot.com/2018/06/sgx-is-snubbed-by-another-local-ipo.html
http://sg-stock.blogspot.com/2017/10/sgx-doesnt-understand-capital-market.html
http://sg-stock.blogspot.com/2017/04/sgx-is-finding-increasingly-hard-to.html
Good reminder to avoid home bias and be more holistic and global.
ReplyDeleteThanks to decade long low interests and high liquidity, more businesses in S'pore are turning to VC, angel investing, private equity and private wealth, instead of going to public stock market.