Based on price performance, iFAST Corp appears to be the main beneficiary of news reports that Singapore may introduce measures to boost its equity market. In the week of Sept 13 to 17, iFAST rose 10% in two days, to $9.90, eliciting a query from the Singapore Exchange (SGX) on Sept 15.

In its reply, iFast indicated it had said on July 31 that it has finalised and signed the prime subcontractor contract for a Hong Kong pension project and that the group aims to provide some guidance on the potential growth of its overall Hong Kong business for 2023/2024 and beyond by the end of this year.

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