Dear readers, in case you missed it (ICYMI), do you know you can buy BYD, HSBC and some selected stocks which are listed on Hong Kong stock exchange right here on Singapore Stocks Exchange (SGX)?
Well, I believe many of you may have read or come across the term ADR or American Deposit Receipts. In fact, if you are investing in once popular Chinese stocks like AliBaBa on the US stock exchange, it is likely via the AliBaBa ADR.
But how many of you would have known SDRs or Singapore Deposit Receipts? Yes, there is a Singapore equivalent of ADRs in the form of SDRs which are an initiative of SGX?
That’s right! Even if some of you would still hold the thought that the Singapore stock markets is a lacklustre one and without much excitement of innovation, the folks at SGX did really do a good job in coming out with new initiatives like ADRs where investors can further diversify their investments?
From Oct 2024, SGX has rolled out ADRs of stocks listed on the Hong Kong stock exchange right here on SGX, these include BYD, HSBC, Bank of China, AliBaba and TenCent?
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Even prior to the ADRs of Hong Kong listed stocks, SGX has launched since May last year the ADRs of Thailand listed stocks on SGX already and such stock names include Airport of Thailand, Siam Cement and CP All.
Check out all the SDRs right here on SGX ADRs.
Please note that this post is not a recommendation of ADRs. Successful investing is about a successful and sustainable investing strategy and not about knowing more investment options.