Asia’s private secondaries market at 'early stage': Jefferies

Chinese transactions are benefitting from a booming IPO market in Hong Kong, which is driving Asia growth from a low base.

A recent report on global private markets secondaries from US banking group Jefferies has revealed a total volume of $240 billion for the segment in 2025, reaching a record-high and surpassing the previous record of $162 billion in 2024.

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