Paul She interviewed by The Straits Times (May 2025)

Recently, our Head of Capital markets, Paul She, together with Ooi Chee Keong, Head of Capital Markets at Forvis Mazars in Singapore was honoured to be interviewed by The Straits Times in Singapore, discussed why Singapore firms are flocking to Hong Kong’s booming IPO market!

Paul highlighted that improved investor sentiment, driven by the Hang Seng Index's recovery to around 22,000 points. The investors have renewed interest in Hong Kong listings, while tighter regulatory conditions in China have made Hong Kong a viable alternative for many firms.

Ooi Chee Keong pointed out that the SGX faces challenges due to lower valuation multiples compared to Hong Kong and Nasdaq, emphasizing the need to deepen its investor pool and tailor incentives for specific industries to attract more listings.

Key highlights:

  • “Investor sentiment has improved significantly with the Hang Seng Index recovering to 22,000 points, up from 16k lows in 2023.”
  • “Tighter regulatory conditions in China are prompting firms to choose Hong Kong as a viable IPO alternative.”

Market recovery and regulatory dynamics are reshaping IPO strategies. We helps businesses:

  • Navigate HKEX’s high-volume trading environment.
  • Align with reforms: Leverage sector-specific regimes (e.g., biotech, AI).
  • Bridge markets: Tap into China’s investor base while maintaining global visibility.

Credits: The Straits Times, 23 May 2025

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20250524_​The Straits Times_​More firms, including from S’pore, keen on listing in HK

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