We live in a globalized world. One of the effects of globalization is that companies can choose to list in a foreign exchange rather than the one at home.
Increasingly, we have observed Singapore-based companies choosing to list in the Stock Exchange of Hong Kong. I compiled a list of them herein (not rank in any order) and highlighted a handful – you might find some of their products familiar!
1- Razer (SEHK:1337)
A gaming peripheral company that has built a cult around its products (gaming mouse, keyboards and more).
Games aside, Razer has also introduced its own smartphones and moved into fintech since 2018. Razer raised HK$4.1 billion (S$721 million) during the IPO in 2017.
Founder, Tan Min-Liang, is estimated to worth US$650m according to Forbes. He was a billionaire at one point but I guess his net worth came down together with Razer’s share price (-45% since IPO)....