SINGAPORE — Singapore is hoping that its biggest initial public offering in years will stir investor interest for the city-state’s market, which observers say 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-needed listing to raise the profile of the Singapore Exchange, 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.
