HK is preferred IPO destination for Singapore companies as SGX sees a dull phase

A man rides an escalator past an electronic screen at the Singapore Exchange Ltd. (SGX) headquarters in Singapore, on Tuesday, June 28, 2016. Photographer: Nicky Loh/Bloomberg

Hong Kong is eroding Singapore’s home advantage.

Fourteen companies based in the Southeast Asian city have chosen to list on their home stock market this year, compared with 13 on the bourse operated by Hong Kong Exchanges & Clearing Ltd., according to data compiled by Bloomberg.

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