Singapore, Jan 21, 2026, 15:31 SGT — Regular session
- Shares of Singapore Exchange (S68) edged higher in afternoon trading, defying the weaker local benchmark.
- SGX noted a surge in activity across its exchange-traded fund (ETF) offerings following the debut of a new China A-share tracker on Tuesday.
- Traders are eyeing the near-term IPO calendar along with SGX’s half-year results set for Feb. 5.
Shares of Singapore Exchange Ltd edged up on Wednesday, bucking the broader market’s dip. By 3:20 p.m., the stock was trading 0.2% higher at S$17.42, staying close to its 52-week peak of S$17.89. (StockAnalysis)
The subdued shift still holds weight for SGX, given its earnings depend heavily on market activity. Trading, clearing, and listing fees fluctuate with volume. Investors want proof the exchange can sustain inflows into Singapore equities as new products and listings continue to appear.
On Tuesday, SGX listed the CSOP CSAM CSI A500 Index ETF (ticker: SUN) via the Shenzhen Stock Exchange–SGX ETF Link, opening another gateway into China’s onshore A-share market. The ETF follows the CSI A500 Index, which includes 500 stocks, with more than half weighted toward innovation-driven sectors like technology hardware and advanced manufacturing, SGX noted. The exchange also highlighted that its ETF offerings now number 51, with total assets under management topping S$18 billion. Ng Yao Loong, SGX Group’s head of equities, called it “broad-based exposure to companies at the core of China’s equity market.” China Southern Asset Management chairman Zhou Yi added the listing “enriches Singapore’s ETF market.”
Separately, online broker eToro is set to introduce SGX-listed stocks later this year as part of its Asia-Pacific expansion centered on Singapore. Founder and CEO Yoni Assia told The Business Times, “We will first focus on Singapore,” with plans to broaden the regional rollout afterward. (The Business Times)
For SGX, wider distribution offers some upside, though only incrementally. More access points usually boost turnover, which in turn generates fees — but the relationship isn’t straightforward and can diminish fast when markets slow down.
Co-living operator The Assembly Place aims to raise S$18.3 million in an IPO on Catalist, SGX’s junior board for small-cap listings. The offer wraps up at noon on Jan. 21, with trading slated to begin Jan. 23 at 9 a.m., according to a Straits Times report shared by ShareInvestor. (Siasset)
Near-term, the danger lies in new products and small IPOs failing to generate lasting liquidity. Should risk appetite wane—or China-linked flows ease—the boost in revenue from ETFs and related actions might come up short of market expectations.
SGX’s first-half fiscal 2026 earnings report is due Feb. 5. CEO Loh Boon Chye and CFO Daniel Koh will hold a briefing at 9 a.m. Singapore time, according to a filing. (Sgx)
