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How SGX compete? especially with HKEX

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Old 16-05-2020, 02:08 PM   #1
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How SGX compete? especially with HKEX

Objectively, how will SGX compete with the larger liquidity and better PE of HKEX? Will things get worse before it gets better?

I primarily see two issues. Delisting and PE.

For delisting, it is increasing.

For PE, I am probably oversimplifying, but apple to apple companies are fetching different prices.
1) AIA/HK PE ratio 16; Great Eastern/SG PE ratio 9+
2) HSBC/HK PE ratio is 28; DBS/SG PE ratio is 8.35
3) SAS/SG PE ratio is 9+; Cathay/HK PE ratio is 20+

Why are investor buying HKEX shares despite that they can also readily and easily buy Singapore shares, say instead of Cathay they can buy Singapore Airlines.

How will SGX and Singapore government increase inflow of investors as well as listing. How do you guys see the prospect.

Last edited by satomoto; 17-05-2020 at 08:56 AM..
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Old 16-05-2020, 02:27 PM   #2
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Why are investor going to HKEX despite that they can also readily and easily buy Singapore shares?
Have you heard of Tencent and Alibaba?

You can't buy these stocks on SGX
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Old 16-05-2020, 03:26 PM   #3
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and so many trading fees too.
commission
clearing fee
access fee
settlement fee
GST
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Old 16-05-2020, 03:30 PM   #4
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If not because of ease of buying SGX shares, I rather not buying from Singapore market. Most good local companies are not even listing in SGX, a lot of rubbish scammy looking companies in SGX instead.

I am considering buying from other markets already
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Old 16-05-2020, 04:24 PM   #5
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Many companies in SGX are rubbish.

HKEX got Pooh as ah gong, sure got quality listings. SGX got no one.

Only banks and REITS are good quality and comparable worldwide.

Only thing is buy SGX no forex risk on your end.
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Old 17-05-2020, 08:58 AM   #6
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If not because of ease of buying SGX shares, I rather not buying from Singapore market. Most good local companies are not even listing in SGX, a lot of rubbish scammy looking companies in SGX instead.

I am considering buying from other markets already
That would mean the continue shrinkage of SGX.
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Old 17-05-2020, 08:59 AM   #7
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Bailout rights issues
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Old 17-05-2020, 09:02 AM   #8
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Many companies in SGX are rubbish.

HKEX got Pooh as ah gong, sure got quality listings. SGX got no one.

Only banks and REITS are good quality and comparable worldwide.

Only thing is buy SGX no forex risk on your end.
If you consider REITs market ratio of >10% in SGX and growing, it means that non-REITs equities are shrinking even more starkly in SGX.
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Old 17-05-2020, 09:18 AM   #9
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As long as there is a demand, there will be supply. Why worry about something that you cant control and doesnt really affect you? Unless you own SGXs (the listed company) stock?
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Old 17-05-2020, 05:37 PM   #10
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Most stocks on HKex are trash so its not much better, a lot of the gains on the HSI have come from Tencent holdings in recent years, the other stocks like the banks and more recently the property developers (due to the perpetual rioting) have all done very poorly.
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Old 17-05-2020, 05:44 PM   #11
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just look at how many companies are getting listed on sgx in 2019 will tell you a nice story
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Old 18-05-2020, 10:04 AM   #12
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If not because of ease of buying SGX shares, I rather not buying from Singapore market. Most good local companies are not even listing in SGX, a lot of rubbish scammy looking companies in SGX instead.

I am considering buying from other markets already
if you're just looking for trading opportunities or growth stocks, other markets might be a better bet.
else sgx is probably more for income generating stocks.
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