IN FOCUS: IPO drought, poor valuations: What can be done to revive Singapore’s ailing stock market?

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The story "IN FOCUS: IPO drought, poor valuations: What can be done to revive Singapore’s ailing stock market?" was covered 1 weeks ago by Channel News Asia, a news publisher based in Singapore.

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IN FOCUS: IPO drought, poor valuations: What can be done to revive Singapore’s ailing stock market? - Channel News Asia

Quick Summary:

For years, the Singapore stock market has been reeling from a "vicious cycle" of poor valuations, evaporating liquidity and a lack of new listings.

What will it take to give the moribund market a shot in the arm?

Asked if this number achieves any initial targets set and whether the funds have been effective in rejuvenating the local stock market, MTI would only say that the last two years have been “more challenging for equity markets globally” with a decline in IPO activities amid the high interest rate environment.