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Singapore beefs up rivalry with Hong Kong by picking 5 firms to boost equity market

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Wu, D. (2026, September 30). Singapore beefs up rivalry with Hong Kong by picking 5 firms to boost equity market. South China Morning Post. https://www.scmp.com/business/banking-finance/article/3369308/singapore-beefs-rivalry-hong-kong-picking-5-firms-boost-equity-market?utm_source=rss_feed

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South China Morning Post · collected 2026-09-30 · by Daisy Wu

Quick Summary

Singapore is enhancing its competition with Hong Kong by selecting five global asset managers—Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments, and Natixis Investment Managers—to boost its equity market liquidity and trading activity. The Monetary Authority of Singapore (MAS) launched the Equity Market Development Programme in February 2025 with S$5 billion, which was recently increased to S$6.5 billion. Additionally, MAS pledged an extra S$20 million to a grant scheme that supports market-making activities for small and mid-cap companies until the end of 2028.
Written by AI on 2026-09-30, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

On Tuesday, Singapore selected five global asset managers — Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments, and Natixis Investment Managers — to boost its equity market as part of the third batch of mandates under the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme. Launched in February 2025 with an initial S$5 billion investment, the programme was recently expanded to S$6.5 billion this year. The initiative aims to attract private capital alongside public funds to increase liquidity and broaden trading activity beyond large blue-chip stocks. Additionally, MAS committed an extra S$20 million to a grant scheme supporting market-making activities for about 80 small and mid-cap companies until the end of 2028.

Written for “Singapore Competes With Hong Kong” on 2026-11-02, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Singapore Competes With Hong Kong
Economy/Business · 1 article(s) covering the same event.

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How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
3
sentences that state something as happening or true
Uncertain
0%
0 of 3 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
63/100
South China Morning Post's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-30 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

South China Morning Post · 3608 article(s) · 7 correction(s) detected
Running correction rate · 7 correction(s)

Who wrote this

Daisy Wu
14 article(s) here · 0 carrying a prediction
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Also by Daisy Wu
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 14 articles by Daisy Wu →

Topics

Amundi Franklin Templeton Hong Kong MAS Singapore

Subjects

MAS ORG · 2× Singapore GPE · 2× Amundi ORG · 1× Franklin Templeton ORG · 1× HSBC Asset Management ORG · 1× Hong Kong GPE · 1× M&G Investments ORG · 1× Natixis Investment Managers ORG · 1× the Monetary Authority of Singapore’s ORG · 1×

Narrative

Singapore beefs up rivalry with Hong Kong by picking 5 firms to boost equity market Five global asset managers appointed to spearhead the plan aimed at lifting liquidity and expanding trading activity beyond blue-chip stocks Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments and Natixis Investment Managers were named on Tuesday as part of the third batch of mandates awarded under the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme.
framing: assertive · carried by 1 article(s) · first seen 2026-09-30
2026-09-30 · South China Morning Post
Singapore beefs up rivalry with Hong Kong by picking 5 firms to boost equity market · assertive framing

Claims (3 extracted, 0 hedged)

Singapore beefs up rivalry with Hong Kong by picking 5 firms to boost equity market Five global asset managers appointed to spearhead the plan aimed at lifting liquidity and expanding trading activity beyond blue-chip stocks Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments and Natixis Investment Managers were named on Tuesday as part of the third batch of mandates awarded under the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme. asserted
managers → beef → Programme
The programme, launched with S$5 billion in February 2025 and enlarged to S$6.5 billion this February, aims to crowd in private capital alongside public funds to boost liquidity and broaden trading activity beyond Singapore’s largest blue-chip stocks, authorities said. asserted
authorities → launch → stocks
Alongside the manager appointments, MAS committed an additional S$20 million to a grant scheme designed to support market-making activities for roughly 80 small and mid-cap companies through the end of 2028. asserted
MAS → commit → 2028
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