See: Lion-OCBC Securities Hang Seng TECH ETF now listed on SGX
The Lion-OCBC Securities Hang Seng TECH ETF had month-end assets under management (AUM) of $92 million, compared to $64 million at listing. For 2020, the combined AUM of all ETFs listed on SGX increased 57% y-o-y to $8.6 billion, compared to the $5.5 billion in 2019. Turnover for all ETFs was up 2.5 times at $5.4 billion, in line with trading activity in the broader securities market. This was attributable to investors focusing on stocks that were most impacted by the containment measures brought about by the Covid-19 pandemic. There were two new Mainboard listings – Credit Bureau Asia Limited and G.H.Y Culture & Media Holding – in December 2020, which grew 41% and 3% respectively. The growth outpaced the benchmark Straits Times Index (STI)’s 1.3% uptick.
Catalist-listed Aedge Group also held its gains into the new year. In the same month, SGX listed the onshore bond listing of China Development Bank, making it the first time that China onshore renminbi (RMB) bonds were listed on the exchange. The overall value of new bond listings reached $25.1 billion, up 85% m-o-m. Total derivatives traded volume rose 6% y-o-y to 18.4 million contracts. M-o-m, total volume dipped slightly at 1.89% from November’s volume of 18.8 million contracts. Equity index futures traded volume climbed 4% y-o-y to 13.2 million contracts. This was led by a 24% increase in SGX Nifty 50 Index Futures and a 19% upswing in SGX FTSE China A50 Index Futures. Foreign exchange (forex) futures traded volume on SGX increased marginally y-o-y to 2.1 million contracts in December 2020.