Aug. 10 at 8:17 PM
Singapore companies benefit from the country's stringent legal framework and high corporate governance standards. Unlike the Chinese firms, Singaporean companies listed in the U.S. are fully compliant with the PCAOB (Public Company Accounting Oversight Board).
This means U.S. regulators can inspect their audits freely, eliminating the threat of forced delisting that has plagued Chinese stocks under the Holding Foreign Companies Accountable Act.
Still, most of the U.S. investors don't distinguish the Singaporean small caps from the Chinese ones, in terms of the risks.
Chinese:
$LXEH YDKG
$PETZ $CNET
Singaporean:
$SAIH MWG
$TLIH ARBB
