This article was created in partnership with SGX. The views and opinions expressed are Beansprout's objective and professional opinions.
What happened?
Singapore investors can now access some of Hong Kong’s most prominent stocks through Hong Kong Singapore Depository Receipts (SDRs), which SGX recently launched. The Hong Kong SDRs are available from 30 October 2024. These HK SDRs offer investors a more accessible way to invest in five Hong Kong-listed companies: Alibaba, Bank of China, BYD, HSBC, and Tencent. We explore key points to consider when investing in Hong Kong SDRs and how to get started with SDR investments.
What are Hong Kong SDRs?
The launch of Hong Kong SDRs in Singapore opens investment avenues in well-known Hong Kong-listed companies such as Alibaba, Bank of China, BYD, HSBC, and Tencent.
Hong Kong SDR | Stock Code | What the company does |
---|
Alibaba Group Holding Ltd | HBBD | E-commerce, cloud computing |
Bank of China | HBND | Financial services |
BYD Company | HYDD | Manufactures electric and hybrid vehicles |
HSBC |
...