China firms can directly list in Singapore from tomorrow

[CityFarmer]

hi CityFarmer, thanks for your alternate view.

When i read the article, i did not get the impression that it was going to be a 'double listing' on BOTH China and S'pore. It is well known that there is a long backlog of companies waiting to get approval to list on Shanghai/Shenzhen but i am not sure whether this is a result of (1) strict requirements, or (2) reflective of actual demand.

Furthermore, operators may not have had bad intentions in the early days of listing. But as previously described by d.o.g once, we cannot rule out succumbing to the temptation of getting rich via dishonest means and getting away easily. The flesh, is indeed always weak.

First of all, I didn't read the official document of the new framework, but base on info from the news article. An excerpt of the news article below, which make me assume that it is the case.

"Under the new direct listing framework, which will take effect tomorrow, companies incorporated in China will be able to list on SGX directly, provided their applications have been approved by both CSRC and SGX."

Secondly, I didn't have objection on the Mr. d.o.g views, but I do have different view on his following-up action.

I wouldn't say the new framework will ensure "fraud-free" S-Chips for investors, but it might improve the odd among them.