Despite the troubles and turbulence facing the Chinese special administrative region of Hong Kong, the Hong Kong Stock Exchange (HKEX) still remains the fourth largest stock exchange in the world based on its market capitalisation of $4.8 trillion in 2019.
Many Singaporean investors are drawn to Chinese and Hong Kong companies as they would like to tap on China’s growth potential.
Through the HKEX, you can invest in many blue-chip mainland Chinese companies like Alibaba, Tencent, Xiaomi, Bank of China, Ping An Insurance and more.
At the core of it, Singaporean investors want exposure to China and Hong Kong due to China’s ascension to the position of the world’s second-largest economic superpower.
As China continues to mature as an economic superpower, many of its citizens will become richer and drive growth across the country’s sectors as well as Chinse companies going overseas to expand.
Similarly, China’s stock market has grown