Private listings

Chinese entrepreneurs find stability in staying private

David Berger, head of Asia-Pacific markets at SecondMarket, talks about how private listings are becoming more attractive.
David Berger, SecondMarket
David Berger, SecondMarket

Placing unlisted shares of private companies onto liquidity platforms is gaining in attraction. The notion of a private listing may seem an oxymoron, but having the liquidity and currency of a listing with all the benefits of remaining private would seem to be corporate finance nirvana.

Large, unlisted technology companies such as Facebook are trying to find ways of getting liquidity into these private held shares, without all the pain of going public. Recently, Alibaba Group, the parent of Hong Kong listed Alibaba.com, provided liquidity to its shareholders though the secondary markets, which allowed its employees and early investors to enjoy something of an exit. That made us curious to...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222