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How to get into Hong Kong’s pre-IPO action
By Singapore's Budget Babe  •  February 5, 2021
If you've been trying to find a way to capitalize on Hong Kong’s IPO action lately given that your brokerage doesn’t offer pre-IPO access, POEMS could be an alternative. Closer to home, Hong Kong is home to many large Chinese companies, offering investors a means to ride on the larger China growth story. With the laggard performance of the STI Index in 2020, the past year has shown the need for investors to diversify beyond our local Singapore equity markets.  If you've not invested in Hong Kong yet, you might be missing out. The recent IPOs of Nongfu Spring (oversubscribed by 1,147 times) and Kuaishou (oversubscribed by 1,200 times) show that there’s still a lot of money to be made. At time of writing, investors who bought into Nongfu Spring pre-IPO are sitting on 170% gains (even investors who bought off the open market on the first day are now...
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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