HomeSingapore Stocks MarketsICYMI: YOU CAN BUY BYD, HSBC STOCKS ON SGX!

ICYMI: YOU CAN BUY BYD, HSBC STOCKS ON SGX!

Singapore Exchange (SGX) American Depositary Receipts (ADRs) provide investors access to Singapore-based companies in the United States. ADRs are negotiable certificates representing shares of foreign stocks, enabling US investors to buy shares without dealing with foreign currencies or local regulations. SGX ADRs enhance liquidity and market accessibility, allowing for easier investment in Singapore's growing economy. Notable companies with ADR listings include DBS Bank, Singapore Airlines, and Keppel Corporation. These financial instruments also facilitate cross-border investment and provide an avenue for greater diversification in international portfolios, reflecting Singapore's robust market performance and appealing investment landscape.

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?

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.

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