Post by : Jyoti Gupta

Photo:linkedin

Hong Kong is way ahead of Singapore when it comes to companies listing on the stock market to raise money. Even some companies from Singapore are choosing to list in Hong Kong instead. A Thai coconut water company and a Singapore biotech company recently started trading in Hong Kong after raising a lot of money there.

In 2025, only one company went public in Singapore, raising a small amount, while Hong Kong had many more listings and raised billions of dollars. Hong Kong’s stock market is much bigger and more active than Singapore’s, with more money being traded every day.

Some Chinese companies are still growing in Southeast Asia and thinking about listing in Singapore, but Hong Kong’s big market and better trading activity keep it the favorite place for companies to raise funds.

Singapore’s stock market has fewer companies that are owned by private investors because many are controlled by government-linked funds, which means there isn’t much buying and selling by regular investors. The Singapore government is trying to fix this by offering tax breaks and other help to attract companies and investors.

Recently, a big Japanese company said it would list a data center business in Singapore, which is a good sign for the city. Some companies with plans in Southeast Asia might list in Singapore because it’s in the region and attracts wealthy investors.
 Singapore’s stock market might get bigger by 2030 because of strong companies and government support.