Active secondary listings on SGX averaged 7.1% gain YTD
Check out the five best performers in the year thus far.
SGX’s secondary listings, or companies which have a primary listing elsewhere, have a total combined market capitalisation of $271b. This includes three secondary listings on the STI - Jardine Matheson Holdings, Jardine Strategic Holdings and Hongkong Land.
According to SGX, the 26 secondary listings that actively trade on SGX have a combined market capitalisation of S$271.2 billion and have averaged a 7.1% price gain in the year-to-date. The stocks also average 4.2% dividend yield.
Amongst the 26 stocks, the five best performers in the year thus far, Pan Ocean Co., China Environmental Resources Group, Aims Property Securities Fund, Alibaba Pictures Group, and Hongkong Land Holdings – they averaged 20.2% price gain in the year thus far.