SINGAPORE (July 3): When Hong Kong companies list outside their home market, Singapore has traditionally been on the shortlist. Of the 700-odd companies currently listed on the Singapore Exchange (SGX), 24 are domiciled in Hong Kong, according to Bloomberg data. Many of these companies were listed on the local bourse after the British returned Hong Kong to China in 1997. Now, as geopolitical tensions have flared up, could more Hong Kong companies be listing their shares here?

According to Calvin Choi, CEO of AMTD International, uncertainties arising from geopolitical tensions are making the operating environment increasingly difficult for many companies. Geopolitical skirmishes could cause collateral damage to cross-border transactions and deals, impeding their growth.

As such, for companies to become successful and minimise risks, he reckons that they cannot remain operating solely in one location. That is where a foreign listing may come in useful. “Companies need to go beyond staying put in one place,” he tells The Edge Singapore in a recent interview.

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