Despite eye-watering returns, there are strong signs that Spacs have reached a tipping point even as Singapore and Hong Kong weigh listings.
The city-state’s imminent review of its corporate governance code is set to address two areas where more disclosure is needed, says David Smith of Aberdeen Asset Management.
Singapore Exchange unveiled SGX Index Edge to target Asian product issuers and investors seeking customised indices amid what it sees as growing momentum for passive exposure.
China says it is studying a new Taipei-Shanghai Stock Connect scheme but the head of Taiwan's financial regulator claims talks have not yet started. He added that a Singapore Connect will be launched on July 1.
China mulls securities licences for banks; Asean to streamline financial offerings; SFC looks at role of investors; Korea regulator boasts of strong PE growth; Ex-StanChart RM gets life ban.
Recent moves by Singapore's bourse should help boost liquidity, says Huw Gronow of Principal Global Investors. Meanwhile, the firm may look to trade equity derivatives and frontier markets.