TSMC, SK Hynix among 5 new SDRs to be launched by SGX
The 5 companies cut across the AI value chain, and will begin trading on Oct 16
The Singapore Exchange (SGX) is launching five new Singapore Depository Receipts (SDRs) on October 16, according to recent reports. These SDRs track the global artificial intelligence (AI) value chain and are offered by companies from different Asian countries. TSMC, a Taiwanese chipmaker renowned for advanced AI chips, is among the SDR issuers.
SK Hynix, a South Korean provider of high-bandwidth memory, is another participant. Z.Ai, the world's first publicly listed large language model company, is also listed on the Hong Kong Stock Exchange. Zhongji Innolight, a leader in high-speed optical interconnect solutions, is represented as well. Montage Technology, the world's largest producer of memory-interface chips for AI servers, was originally listed on Shanghai's tech bourse, the Star Market.
The introduction of these SDRs follows a surge in investor activity in SDRs, with technology emerging as a "particularly strong" area of interest for investors. China technology names accounted for more than 90% of daily SDR turnover and over 65% of net retail inflows in Q3, driven by active trading in Alibaba, Tencent, and SMIC.
Retirees recorded a net purchase of S$100 million in SDRs during the first nine months of 2026, with retail investors buying all SDRs of Hong Kong-listed companies. The Singapore bourse's SDR offering now includes 43 counters across Hong Kong, Thailand, Indonesia, and the US.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
