Throughout the world today, overseas-listed Chinese firms (“OLCFs”) have received much flak from media, securities regulators and investors alike. Despite their initial popularity, the performances of OLCFs have been dismal across the board. All in all, the prevailing rhetoric seems to suggest that OLCFs as a whole are not only poorly governed, but are also predisposed to be so. The researcher attempted to answer two questions in this paper. In the first part of the paper, the author sought to explore whether perceptions about OLCFs are justified. In the second part of the paper, this author aimed to explore possible ways to correct the issues underlying such a perception. This author attempted to answer both questions in the context of Singapore’s capital markets and their regulatory environment.