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Concord New Energy secures secondary listing on SGX Mainboard to fuel global renewables push

Story Highlights
  • Concord New Energy secured a secondary listing on SGX Mainboard, expanding its access to global capital.
  • The listing strengthens SGX’s role as a regional hub for transition finance and supports scaling renewable infrastructure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Concord New Energy secures secondary listing on SGX Mainboard to fuel global renewables push

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Singapore Exchange ( (SG:S68) ) just unveiled an update.

Singapore Exchange (SGX) has welcomed Concord New Energy Group Limited to its Mainboard via a secondary listing under the stock code “SEG”, broadening the renewable energy player’s access to international capital. The move marks a strategic milestone in CNE’s global expansion, reinforcing its commitment to stronger corporate governance and deeper engagement with global investors as it supports the transition from fossil fuels to clean energy. For SGX, the listing underscores its ambition to position itself as Asia’s leading multi-asset hub for transition finance, leveraging Singapore’s role at the intersection of artificial intelligence, next-generation energy systems and global capital markets, and offering CNE a broader platform to attract diverse investors, customers and partners for scaling renewable infrastructure.

The most recent analyst rating on (SG:S68) stock is a Buy with a S$20.00 price target. To see the full list of analyst forecasts on Singapore Exchange stock, see the SG:S68 Stock Forecast page.

More about Singapore Exchange

Concord New Energy Group Limited is a Singapore-headquartered renewable energy investment holding company focused on the development, investment and operation of wind power, photovoltaic solar projects, energy storage systems and other green power assets worldwide. Listed on the Main Board of the Hong Kong Stock Exchange since 2007, the group manages an operating portfolio exceeding 5GW and aims to provide high-quality clean energy and related professional services that support global sustainability goals.

Average Trading Volume: 2,491,142

Technical Sentiment Signal: Buy

Current Market Cap: S$18.26B

Learn more about S68 stock on TipRanks’ Stock Analysis page.

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