
Jittery Singaporean investors evade Chinese equities
Lack of corporate transparency is a big concern.
Singapore has a low level of exposure to the Chinese market relative to neighboring Hong Kong, as majority of Singaporean investors doubt corporate transparency in the Mainland and remain clueless about investing in Chinese equities.
According to Blackrock, only 19% of Singaporeans have exposure to the Chinese market. Lack of understanding about the Chinese market is the biggest concern, while shady corporate transparency and high level of market risk are also top reasons.
The report also revealed that less than half of Singaporeans who are already financially invested in China are also more likely to increase their exposure over the next year.