Now, it is more convenient than ever for Singaporean investors to tap into Hong Kong or Thai-listed companies through Singapore Depository Receipts (SDRs) on the Singapore Exchange (SGX: S68), or SGX.
Zooming into the Hong Kong space, here are three Hong Kong SDRs that we have singled out for their growth potential and strong earnings.
Semiconductor Manufacturing International Corporation (SGX: HSMD)
Semiconductor Manufacturing International Corporation or SMIC is one of the world’s largest semiconductor producers specialising in advanced chip manufacturing.
In the second quarter of 2025 ending 30 June 2025 (2Q 2025), SMIC reported a growth in revenue of 16.2% YoY to US$2.2 billion.
There was a fall in net profit in 2Q 2025 as compared to the same quarter of the previous year.
However, this is not due to inefficiencies in its business model as the fall mainly came from the plunge in non operational income streams….