The Singapore market threw a curveball this week. While we watched familiar names like CMS and HPH Trust stumble, a different story unfolded with China tech stocks and Thai blue chips dominating the winner’s circle through Singapore Depository Receipts (SDRs).
Most investors missed the real action happening right under their noses. The top performers weren’t traditional SGX stocks—they were foreign companies accessible through Singapore’s growing SDR program. This shift reveals something crucial about where smart money is flowing and what Singapore investors need to understand about the evolving market landscape.
