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PR Newswire
15-09-2012, 01:35 PM
The disparity between the share price of Techcomp's Hong Kong listed shares and its Singapore listed shares is becoming noticeable again.
At Friday's close, the counter closed at S$ 0.425 on the SGX ............... and HK$ 2.93 on the HKEX - equivalent to S$ 0.461, some 8.5% higher than the Singapore share price.
Probably more-to-the-point, liquidity of the Hong Kong traded shares is now an order of magnitude higher than the Singapore traded units. On Friday there were 260,000 shares traded on the HKEX ..... not a single share changed hands on the SGX. Not untypical - whether we like it or not, liquidity on the HKEX is superior to that on the SGX.
Vested
At Friday's close, the counter closed at S$ 0.425 on the SGX ............... and HK$ 2.93 on the HKEX - equivalent to S$ 0.461, some 8.5% higher than the Singapore share price.
Probably more-to-the-point, liquidity of the Hong Kong traded shares is now an order of magnitude higher than the Singapore traded units. On Friday there were 260,000 shares traded on the HKEX ..... not a single share changed hands on the SGX. Not untypical - whether we like it or not, liquidity on the HKEX is superior to that on the SGX.
Vested
RBM, Retired Botanic MatSalleh