SGX is introducing Singapore Depository Receipts of three Hong Kong stocks starting from Feb 2. With these additions, SGX Stock Exchange now offers 32 SDRs across China, Hong Kong, Thailand, and Indonesia.
The three new Hong Kong SDRs are Zijin Gold (HZGD) – China’s largest gold producer, offering exposure to gold’s momentum and rising investor interest in precious metals; Horizon Robotics (HHZD) – China’s leader in AI computing and autonomous driving solutions, partnering with major automakers and powering China’s smart mobility transition and China Mobile (HCMD) – China’s largest mobile network operator and a key player in AI-driven digital infrastructure, offering attractive dividend yields.
According to SGX, the launch of these three new SDRs rides on strong growth momentum in the SDR market, which has seen a remarkable 10X year-on-year growth in daily turnover to $12 million across 29 underlyings from 3 markets.
"The steady expansion of underlyings into diverse sectors – from growth technology stocks to defensive financials and digital infrastructure plays – continues to broaden diversification opportunities for investors," says SGX.
Existing Hong Kong SDRs are PetroChina, Bank of China, Xiaomi, Ping An Insurance, Alibaba, HSBC, Meituan, Baidu, BYD, JD.com, Tencent, Pop Mart, CATL, Laopu Gold and Trip.com.
According to SGX, the existing Hong Kong SDRs enjoyed $150 million in net retail inflows in 2025, suggesting "robust interest".
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"Participation has been bolstered by the availability of bite-sized, SGD-denominated access on SGX. Nearly 50% of trades are in sizes smaller than Hong Kong’s minimum investment amounts, reflecting the strong demand for fractional access," says SGX.
The top performer in price movement is Laopu Gold, up 156%, lifted by record gold prices. This was followed by SMIC and Alibaba, up 126% and 73% respectively.
