Singapore Exchange Ltd. sees more listings in coming months by Chinese issuers that already trade American depository receipts, even as it grapples with delayed deals amid a global valuation slump, Bloomberg reports.
Potential SPACs are waiting to see mergers conducted by the first wave of blank-check companies in Singapore to see how the process unfolds.
There are at least 11 China-domiciled firms that have listings in both the US and Singapore, data compiled by Bloomberg show. Singapore hasn’t had an IPO in three months, with the haul of about $385 million so far this year 59% higher than during the same period in 2021, according to the data. Read more.
