Is Singapore's Stock Market still viable and vibrant for investments, given that it's equity cap is shrinking?

Hi,

I think Singapore market is mainly for dividend investing and buying at the right valuation is crucial in this part. If you want more capital gains, overseas market provide better opportunity.

Yes I believe SGX is still relevant as ever. Companies opting to shift to HK is probably due to a multitude of strong selling points of HK market- little capital regulations, lowest corporate tax rates, relatively large share market cap in Asia, close proximity & increasing ties of China's markets, just to name a few.

These do not change the fact that there are still plenty of investment opportunities available within SGX, coupled with our existing strong suits- stable exchange rate and consistent modest economic growth, both of which have shown to attract foreign investors looking for safe havens to park their money.