Abstract: Location choice of firms’ overseas listing is a major concern of financial geography. There are a large number of Chinese firms choose to list on overseas stock exchanges in which Singapore is one of the most important listing locations. But Singapore’s appeal to Chinese firms has declined greatly in recent years. This paper firstly introduces the overall pattern of Chinese firms which list on Singapore Stock Exchange (SGX) through presenting the structural changes in time, space and industry of Chinese listed firms. After that, it explores why Singapore become an important destination for overseas listings of Chinese firms as well as the reasons for the recent decline in the status. This paper argues that relying on low and flexible requirements for listing and the successful marketing strategies of SGX, the promotion of Singapore's local venture capital institutions, proximities in geography, culture, language and industry similarity between Singapore and China and follow-the-leader effect in the listing of firms in the same regional industrial clusters in china, Singapore has attracted numerous Chinese firms to list on SGX. These are the reasons why SGX has been one of the most important destinations for overseas listing of Chinese firms in a long period of time. However, the attractiveness of SGX to Chinese firms greatly decreased after 2007. We summarized three reasons for the decline. Firstly, the downturn of the capital markets which is caused by the global financial crisis. Secondly, the increased competition among the world's major stock exchanges also contributes to the decline. Thirdly and the most importantly, poor financing condition of the Chinese stocks on SGX severely reduced the enthusiasm of Chinese firms for listing on SGX. In the conclusion part, we point out that Singapore has lost the advantages it had before in attracting Chinese firms to list on SGX. Firms should be rational in the listing process. In addition, overseas listing has potential influences on the geographical pattern of global finance. So we propose that financial geography deserves more research attention in China.