Tech firms will dominate the SGX as Singapore’s Smart Nation vision takes shape

They’ll make up 15% of total market cap by 2025.

If Singapore succeeds in its goal to become Asia’s Silicon Valley, then the local bourse is likely to see an abundance of tech listings by the time SG60 rolls around.

CLSA estimates that tech companies will make up 15% of the SGX’s total market capitalisation by 2025, a meteoric rise from just 2% in 2015.

Singapore’s strong economic ecosystem, coupled with large pool of IT workers, will draw more startups and tech SMEs to the city-state’s shores.

The SGX’s equity crowdfunding platform will also help smaller players gain financing and transition to the mainboard.

“Singapore’s tech push and global financial standing are likely to see it reach further milestones in the years ahead,” CLSA said.
 

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley