SINGAPORE — Singapore is hoping that its hugegest initial public offering in years will stir investor interest for the city-state’s market, which observers state has stalled in attracting notable listings while the Hong Kong bourse soars.
Some of these observers see the introduction of NTT DC REIT as a much-requireded listing to raise the profile of the Singapore Exalter, which has not seen any IPOs cross the $100 million mark in years. This is despite the bourse’s benchmark Straits Times Index cracking 4,000 points earlier this month to an all-time high and analysts praising the relative stability of Singaporean equities for investors amid U.S. President Donald Trump’s constant tariff threats.
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