Temasek concerned about secondary market performance

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

Peter Wu joins the firm as head of product management, private wealth, at the secondaries' manager fifth location in Apac.

An agreement will allow firms with a primary listing on Bursa Malaysia’s main market to apply for a secondary listing on HKEX as a Recognised Stock Exchange; it follows agreements with Indonesia, Singapore and Thailand; MSCI has launched an ECM partnership with the SGX.

Asia secondaries activity is increasing as a result of geopolitical uncertainties, a growing private equity market and rising awareness, Coller Capital’s Zhan Yang tells FA.

The optical module producer has made a secondary listing on the main board of the Hong Kong Stock Exchange, raising approximately $7bn; the city has already raised more so far this year on the HKEX than across 2025.

Coller Capital is a global secondaries firm with around $50bn in AUM and six Apac offices. EQT's CEO believes Coller's business can double in size in under four years; the PE giant is paying up to $3.7bn. In Japan, EQT has launched a bid for Mamezo.