A Chinese traditional dance teams performs at the inauguration ceremony of the Yanbu Aramco Sinopec Refining Company project in Riyadh. Photo: AFP

Singapore’s hope of beating Hong Kong in IPOs is a pipe dream

The Lion City has neutrality on its side in its bid to secure listing of state oil giant Saudi Aramco. But Hong Kong’s liquidity – and appeal to Chinese investors – means it should remain the region’s gateway bourse

Topic |   IPO

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A Chinese traditional dance teams performs at the inauguration ceremony of the Yanbu Aramco Sinopec Refining Company project in Riyadh. Photo: AFP
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