See the largest SGX stocks with significant China exposure

Financials and industrials are the most represented.

Trade and investment flows into China have been subject to significant policy reforms over the past 12 months. Such initiative examples include the ongoing implementation of free-trade agreements, development of the China (Shanghai) Pilot Free Trade Zone and the Hong Kong – Shanghai through train. These initiatives have impacted both China businesses as well as those international businesses that are generate or base assets in China.

There are a number of stocks listed on Singapore Exchange (SGX) that report full revenue to Mainland China, in addition to an even higher number of stocks that report partial revenue to Mainland China.

According to SGX, narrowing down to those stocks that maintain a market capitalisation of more than S$250 million takes the list to 31 active stocks that reported either more than half of their revenue or assets in Mainland China in the last financial year. There is also a listing of China Merchants Property Development that fits the above criteria, however the stock is currently inactive on SGX.

The three best performers in the year thus far were Sino Construction, United Envirotech and Blue Sky Power Holdings. The one stock representing the Health Care Sector generated a decline of 5.8%.

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