
Nvidia and Tesla led Singapore's most searched stocks in June
SINGAPORE: Nvidia and Tesla were the most searched stocks by Singaporeans in June 2025. Nvidia topped the list with about 276,600 Google searches in Singapore, while Tesla recorded 192,600 monthly searches, Singapore Business Review reported, citing data from forex broker BrokerChooser.
Globally, Nvidia saw 14.6 million monthly searches. Earlier this month, the US chipmaker became the first publicly traded company to reach a US$4 trillion (S$5.14 million) market value amid the AI boom.
Meanwhile, the report noted that searches for 'Tesla stock' in the city-state went up by 103.6% compared to the same time last year.
Software provider Palantir came in third, with 57,340 monthly searches. This year, the software firm, which provides services to US military and intelligence agencies, recently became one of the top 20 most valuable public companies in the US by market capitalisation.
Meta, which finalised its US$14.3 billion investment in AI startup Scale AI last month, ranked fourth with 56,170 searches. The deal came with Scale AI co-founder and CEO Alexandr Wang leaving the company to join an artificial general intelligence (AGI) team being formed by Meta CEO Mark Zuckerberg. See also Is Singapore Still Ideal for Expats? (Spoiler: Opposite of Yes)
Other names on the list included Chinese e-commerce giant Alibaba (45,750), Apple (43,740), and Google's parent company, Alphabet (32,400).
BrokerChooser said it used the keyword analytics tool Ahrefs to analyse the most searched stocks on Google, starting with a seed list of the 50 largest companies by market capitalisation. The study also included data from Visual Capitalist on stock market participation rates by country, with data collected on Jul 8, 2025. /TISG
Read also: Nvidia CEO to sell more advanced chips to China after H20 ban, warns of 'tremendous loss' for firms in potential US$50B AI market
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Business Times
22 minutes ago
- Business Times
South-East Asian firms test Hong Kong waters amid IPO surge
[SINGAPORE] South-east Asian companies have mostly sat out Hong Kong's 2025 listing boom , but a cautious revival may be under way with four more initial public offerings (IPOs) from the region in the pipeline, according to the Hong Kong Stock Exchange (HKEX). Johnson Chui, HKEX's head of issuer services, told The Business Times that four South-east Asian companies are preparing to list, though he did not name them. If these plans proceed, they would mark the highest annual number of South-east Asian IPOs in Hong Kong since 2020, signalling a slow rebound after a prolonged slump. The pandemic and unfavourable macroeconomic conditions drove a steep decline in regional interest, with just three South-east Asian IPOs recorded between 2021 and 2024, compared with more than 65 in the five years prior. The new listings could include that of Singapore-headquartered apparel retailer Shein. In July, it filed for an IPO on HKEX after its plans to debut in New York and London were stymied by regulatory pressures . Chui told BT that the exchange continues to seek opportunities from the south. 'HKEX is deeply committed to strengthening ties with Asean markets,' he said, noting that the bourse frequently conducts roadshows in the region. A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up In the first half of 2025, three regional companies listed on HKEX: Indonesia-based Nanshan Aluminium, Singapore biotech firm Mirxes , and Thai coconut water-maker IFBH . They accounted for 7 per cent of the bourse's 43 IPOs so far this year, as overall activity rebounded sharply. In H1, IPOs and cross-listings on HKEX totalled 210 deals, raising US$49.2 billion – more than nine times the US$5.3 billion raised a year ago, based on data from S&P Global Market Intelligence. The 43 IPOs in H1 2025 marked a sharp jump from the 29 in the same period in 2024, and the 27 in H1 2023. 'Most of the success we've seen in the capital markets in Hong Kong has been from Chinese companies,' said Jon Withaar, head of Asia special situations at Pictet Asset Management. Much of HKEX's fundraising surge has stemmed from the 175 dual-listed companies that also trade on the mainland's A-shares market. For these firms, Hong Kong's deep capital markets and currency fungibility provide greater flexibility. Mainland markets The prospect of expanding into the Chinese market has prompted some South-east Asian companies to make the leap. Listing on HKEX could lead to greater recognition among investors across Greater China, or the leverage of brand familiarity for fundraising. Thailand's IFBH, whose coconut water brand IF commands a significant market share in China, cited desires to grow its business in the wider region following its Hong Kong debut in June. ' Most of the success we've seen in the capital markets in Hong Kong has been from Chinese companies. ' — Jon Withaar, head of Asia special situations at Pictet Asset Management In addition, Hong Kong's efforts to attract listings from key sectors could draw the attention of Greater China companies. Specialist technology firms in China have flocked to HKEX as the bourse offered pathways to lessen compliance burdens for applications within the sector. This may be why cancer diagnostics startup Mirxes chose HKEX over the Singapore Exchange (SGX) for its IPO in May, citing better valuations and a more savvy investor pool. This is despite the company's links with Singapore government bodies such as the Agency for Science, Technology and Research, and the Economic Development Board. Homecoming bias Admittedly, South-east Asia's own IPO market has been relatively quiet, with fundraising reaching a decade-long low in 2024 . Fresh listings in H1 2025 have also underperformed compared to the year before, a Deloitte report noted. Local exchanges have remained more attractive than HKEX for new listings, with fundraising flexibility and policy incentives laying the foundations for domestic players to access funds. 'Major Asean members have their own currencies and domestic stock markets to fund business growth,' a Bloomberg Intelligence report noted in July. 'The bias remains for South-east Asian companies to list on their local exchanges in 'homecomings',' said Pictet's Withaar, pointing out that government-linked investment companies and sovereign wealth funds in countries such as Malaysia, Indonesia and Singapore often support large listings in the region. Such government involvement is expected to persist in South-east Asia's capital markets. 'Companies increasingly favour local exchanges over international ones due to regulatory support and growing domestic investor interest,' Stephen Bates, partner and head of deal advisory at KPMG in Singapore, told BT last month. As a result, little of Hong Kong's listing activity in the last few years has come from South-east Asia, Withaar noted. 'These are markets for Chinese and Hong Kong investors, who can understand Chinese businesses much more than (those) in Thailand, Vietnam or Malaysia.' Cross-listings Notably, HKEX may still find additional reach in dual-primary or secondary-listed companies which already trade on Asean exchanges. The bourse may already have signalled a strategic shift, which HKEX chief executive Bonnie Chan hinted at in a June interview: 'I am now beginning to realise that our sweet spot may not be private companies.' 'We're now more focused on companies which are actually already listed on another market, but might have outgrown their domestic market,' she added. Since 2022, international issuers have been included in HKEX's Stock Connect programme, which allows mainland Chinese investors to trade and settle shares listed on Hong Kong boards. Access to these investors may be why companies such as Malaysia-listed Capital A, the parent company of low-cost carrier AirAsia, is now seeking a secondary listing on the Hong Kong bourse. ' I am now beginning to realise that our sweet spot may not be private companies. We're now more focused on companies which are actually already listed on another market, but might have outgrown their domestic market. ' — Bonnie Chan, HKEX chief executive As part of efforts to woo more South-east Asian firms, HKEX has included several exchanges from the region in its list of recognised stock exchanges – allowing companies already listed on these boards to pursue secondary listings in Hong Kong without being subject to additional regulatory requirements. The bourse added the Indonesia Stock Exchange to this list in 2023, and the Stock Exchange of Thailand in March this year. The list already includes SGX, but not Malaysia's or Vietnam's main stock exchanges. Seventeen companies from South-east Asia –- including 16 from Singapore and one from Malaysia – are currently trading on both HKEX and their domestic bourses, Bloomberg data indicated. Even so, access to additional fundraising is far from a given for South-east Asian companies. SGX-listed real estate player LHN discovered this as it voluntarily delisted from the Hong Kong bourse in July, citing compliance costs and low trading volumes. Liquidity concerns, the company's board said, had limited its opportunities to conduct secondary equity fundraising on HKEX. Pictet's Withaar also warned that dealmaking in Hong Kong still suffers from deep cyclicality, where listing booms come and go. 'Just 18 months ago, there were miniscule levels of activity in the Hong Kong capital markets,' he said. 'This is unlike the US, which has a very deep and liquid market. There is always a steady stream of capital markets transactions.' When it comes to overseas listings, Wall Street exchanges Nasdaq and the New York Stock Exchange remain the gold standard for foreign companies due to better liquidity and valuations, he added. Compared to the three South-east Asian listings on HKEX, six regional companies have already gone public on Nasdaq in 2025, all of which are headquartered in Singapore.


Independent Singapore
an hour ago
- Independent Singapore
An Open Letter: From One Singaporean to the Nation
Photo: Depositphotos/nuttawutnuy Featured News Opinion Singapore News 'We built this country — now it feels like we're being quietly pushed aside, we're part of the silent majority risking everything' For decades, we've done our part. We've studied hard, worked tirelessly, raised families, and paid our dues. We've made sacrifices — not for luxury, but for stability, for our children, for our aging parents. We're told to reskill. To accept lower pay. To compete not only with each other, but with new immigrants, PRs, foreign PMETs, and long-term visit pass holders taking roles we once filled. And while we struggle, we're told this is progress. – Housing, healthcare, and daily expenses keep rising. – MRTs break down, firearms shoot up, and our once-proud identity fades. – Our birth rate halts—as too many of us cannot afford to raise a child here. – Our sandwich-class families are stuck under unending debt. The Singapore We Remember… and Miss – Neighbours who greeted one another, not strangers packed in silence. – MRTs that ran on time, without fear of sudden breakdowns. – National Day when flags flew proudly outside HDBs — not as an obligation, but a true celebration. – Jobs that gave meaning, not anxiety. – Our voices feel drowned out by imported noise. – Our cities feel overcrowded, but our hearts feel empty. – We are working longer, harder, but falling behind. All in the name of economic growth. But who's really growing? – Sandwich class families suffocate under the weight of expectations. – Our birth rate drops, because raising a child feels like a financial risk. – Owning a flat means 30 years of loan chains, not pride. – Healthcare is top-tier — if you can afford it. – The poor suffer quietly; the rich get louder. – The next generations facing the same issues we are facing right now. Retirement? It's not a dream. It's a deadline we can't reach. All of this — while we're told to be 'resilient,' 'adaptable,' 'grateful.' But can resilience be eaten? We Deserve Better in Our Golden Years We're not asking for handouts. We're asking for dignity. – Local-first hiring that truly prefers locals. – Affordable living, not inflated metrics to mask hardship. – Retirement with security—not working till our bodies break. – Long-term immigration policy that values local lives, not just GDP growth. – To not be pushed into gig work or dishwashing at 65. – To not constantly fear retrenchment because we're 'overqualified' or 'too expensive.' – To not watch others leapfrog into the jobs we once fought so hard to get. We built this place. Brick by brick. Shift by shift. Don't treat us like we're replaceable. We're not angry because we hate Singapore. We're heartbroken because we love it — and it feels like it stopped loving us back. What Do We Ask For? 1) Policies with empathy, not just efficiency. 2) Real local-first hiring, not tokenism or checkbox compliance. 3) Affordable living, not inflated metrics hiding uncomfortable truths. 4) Retirement dignity, not working till our bodies collapse. 5) A system that values contributions, not just qualifications. Let us age with grace, not with fear. Let us hope, not hustle forever. Let us grow old in peace, with basic income security and a home to rest our bones. Let us spend time with our grandchildren—not a lifetime of sacrificing just to stay afloat. We built Singapore. Now please don't make us feel replaceable. Lastly, wishing Happy SG60 birthday! — A Singaporean who still believes in dignity over drive This letter reflects the personal views, lived experiences, and emotional expressions of a concerned Singaporean. It is not intended to assert or imply any false statements of fact, nor to discredit any individual, organisation, or policy. The views shared are purely subjective and should be interpreted as a form of social commentary. Where issues such as employment, cost of living, or immigration are mentioned, they are presented as perceptions based on public discourse and personal observation, not as verified statistical claims. Readers are encouraged to seek official sources for factual updates or clarifications. () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });


New Paper
5 hours ago
- New Paper
Singapore reviewing Malaysia's request to start bus services from JB at 4am
The Land Transport Authority (LTA) and Singapore bus operators are reviewing a request from Malaysia to start operating cross-border bus services from Johor Bahru an hour earlier. LTA told The Straits Times on July 29 that it had received a request from Malaysia's Land Public Transport Agency on June 17 to start operating cross-border bus services earlier and that it is "working with our bus operators to review the request". These operators are public bus companies SBS Transit (SBST) and SMRT and some private bus operators. Malaysian news daily The Star said on July 24 that the Land Public Transport Agency is in talks with LTA to ask Singapore's bus operators to start services at 4am, instead of 5am. According to The Star, Johor state Works, Transportation, Infrastructure and Communication Committee chairman Mohamad Fazli Mohamad Salleh said long queues of Singapore-bound passengers would form at the Johor Bahru Checkpoint at 4am, so he hopes that an earlier start time would tackle the pre-dawn rush. SBST currently operates service 160 from Johor Bahru Checkpoint, with departures starting at 5am on weekdays and 5.50am on weekends or public holidays. It also runs service 170 between Larkin Terminal in Johor Bahru and Queen Street Terminal near Jalan Besar, with departures starting from 5.20am on weekdays and 5.30am on weekends or public holidays. Service 170X - a supplementary service that plies only a section of service 170's route - is also run by SBST, with the first bus leaving Johor Bahru at 8.28am on weekdays. Additionally, SMRT operates service 950 across the Causeway from Johor Bahru Checkpoint towards the Woodlands Temporary Bus Interchange. No information on the starting times for its Singapore-bound service is publicly available, but the Johor Bahru-bound service departs from Woodlands at 5.30am every day. Other private bus operators, including Singapore-Johore Express, Ridewell Travel and Transtar Travel, ply routes from Larkin Bus Terminal and Johor Bahru Checkpoint to Singapore. ST has contacted all public and private bus operators for comment. SMRT and SBST directed these queries to LTA. Associate Professor Walter Theseira, a transport economist at the Singapore University of Social Sciences, said it may be more costly and logistically challenging to operate cross-border bus services outside the usual scheduled hours. This is because public bus operators face labour constraints, he added. It would be more difficult to offer services at earlier start times as drivers may not want to accept these shifts, and it would affect manpower planning for the rest of the day. And these operational constraints may lead to higher fares, noted Prof Theseira, since buses operating outside scheduled hours are typically expected to cover a larger share of costs from fares - as in the case of the now-defunct late-night bus services, which charged higher fares of above $4. He noted that there may also be concerns from Singaporeans about providing more subsidies so that public transport operators can start their cross-border services earlier because they would primarily benefit Malaysians working in Singapore. While private operators can also adjust the operating hours of such services, he said they must be able to make profits to offer extended services. Malaysians who cross the Causeway daily to get to work in Singapore, such as Mr Eerman Dzulkurnai, 39, said he would be happy to have potentially more cross-border bus services to use as he typically gets to Johor Bahru Checkpoint by around 4am to avoid getting stuck in traffic and be able to arrive at his workplace in Pioneer by 9am. The information technology support officer noted that by 6am, there are usually snaking queues, and it can take travellers one hour to squeeze onto a bus to Singapore. He added that early on the morning of July 21, when bus drivers under Malaysian bus operator Causeway Link went on strike, he was left with no choice but to walk 30 minutes across the Causeway. The upcoming Johor Bahru-Singapore Rapid Transit System Link is set to run from 6am to midnight daily when it starts passenger service by the end of 2026.