Business · Singapore Bureau
Singapore must cultivate tech sector to invigorate stock market growth
A senior HSBC strategist has called for Singapore to strengthen its technology ecosystem to attract innovative companies and boost listings on the city-state's bourse. Herald van der Linde said building a more tech-friendly environment is critical for market expansion.
LSN Singapore ·
Singapore needs to deepen its appeal to technology entrepreneurs and startups to energize its equity market, according to HSBC's chief equity strategist Herald van der Linde.
Van der Linde emphasized that the financial hub must establish a more supportive infrastructure for tech-based businesses if it hopes to attract high-growth companies considering public listings. The strategist pointed to the importance of fostering an ecosystem that nurtures innovation and entrepreneurship across the technology sector.
The comments reflect broader concerns about maintaining Singapore's competitive position as a regional financial center amid rapid technological disruption. A stronger pipeline of tech-focused initial public offerings could help diversify the stock market and attract a younger investor base.
Van der Linde's remarks suggest that policymakers and market operators should consider how to remove barriers to tech company listings while enhancing support services for startups seeking to scale operations in Singapore. This approach would align the city-state's capital markets with the region's shifting investment landscape.