Fierce competition: A view of the Merlion Park in the central business district in Singapore. Observers say the SGX will have to be innovative to attract good IPOs. — Reuters
SINGAPORE: With the market for initial public offerings (IPOs) showing signs of making a comeback in 2024, competition to capture new listings among major stock exchanges in Singapore, the United States, Hong Kong and London is expected to intensify in the months ahead, say experts.
“There will be a lot more competition for IPOs, and the Singapore Exchange (SGX) will have to work hard and think of innovative ways to attract good IPOs,” said OCBC’s managing director of investment strategy Vasu Menon.
