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JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX.US
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Singapore stocks track regional declines on Friday; STI down 1%

Singapore stocks fell on Friday, with the STI down 1% amid regional declines. Key indices like Nikkei 225 and Kospi Composite also dropped significantly. The AI valuation bubble and Japanese bond market destabilization contributed to the sell-off. Sembcorp Industries was the biggest loser on STI, while Hongkong Land gained slightly. Local banks DBS, OCBC, and UOB ended lower.

Businesstimes·
SG
H78
+0.48%
SG
U96
-3.65%
SG
D05
-0.33%
Businesstimes·
SG
H78
+0.48%
SG
U96
-3.65%
SG
D05
-0.33%

DBS Bank Australia Branch Files for Singapore Listing of AU$200 Million Bonds due 2028

DBS Bank Australia Branch Files for Singapore Listing of AU$200 Million Bonds due 2028

marketscreener·
US
DBSDY
+0.80%
SG
D05
-0.33%
marketscreener·
US
DBSDY
+0.80%
SG
D05
-0.33%

STI tumbles 1% amid rout in Asia markets; Nikkei, Hang Seng falls more than 2%

Singapore's Straits Times Index (STI) fell 1% amid a broader Asian market rout, with the Nikkei and Hang Seng dropping over 2%. Concerns over an AI bubble crash have impacted markets, with local banks like DBS, OCBC, and UOB also declining. Earlier, US markets fell on similar fears, despite a brief rebound after Nvidia's positive guidance. Strong US jobs data further dampened hopes for a December rate cut.

Businesstimes·
SG
D05
-0.33%
US
DBSDY
+0.80%
SG
U11
-0.15%
Businesstimes·
SG
D05
-0.33%
US
DBSDY
+0.80%
SG
U11
-0.15%

SGX board lot cut: What are the stocks made more accessible to investors?

SGX announced two changes to boost investor participation: a dual-listing bridge with Nasdaq for companies over S$2 billion, allowing listing on both exchanges with one prospectus, and reducing board-lot size from 100 to 10 units for securities priced above S$10. This aims to increase market liquidity and accessibility. Stocks like DBS, UOB, and OCBC qualify for reduced board lots. The dual-listing bridge may attract new companies seeking larger liquidity pools, though existing Nasdaq-listed Singaporean companies may not benefit significantly.

Businesstimes·
SG
D05
-0.33%
SG
U11
-0.15%
SG
O39
-1.04%
Businesstimes·
SG
D05
-0.33%
SG
U11
-0.15%
SG
O39
-1.04%

Is the issuer "working for" the investment bank? The quantitative faction's Hong Kong stock IPO raised 100 million but only received 5.8 million

Recently, Quantitative Group launched its IPO and is expected to be listed on the Hong Kong Stock Exchange (HKEX) on November 27. This global offering plans to sell 13

Wallstreetcn·
US
HKXCY
+1.02%
HK
00388
-2.01%
Wallstreetcn·
US
HKXCY
+1.02%
HK
00388
-2.01%