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From Indonesia’s resource-rich, onshore EV supply chain, to Hong Kong’s suite of sophisticated primary market products, experts assess the opportunity on offer to both regions’ capital markets, following formal signature of a strategic partnership between HKEX and IDX last week.

Eight months into her appointment at the exchange, Seier shared her strategy for attracting international listings and her outlook for the public markets across the rest of 2023.

The listing will be the Indonesian bourse’s third largest, after those of Bukalapak and GoTo. But Blibli may not enjoy the same “hype” as its predecessors, given the instability of tech sector share prices, experts opined. Both firms have seen their share prices drop significantly since IPO.

The Indonesian unicorn forged ahead with its listing despite a weak stock markets, inflationary uncertainty and the war in Ukraine.

The highly anticipated move should spur new listings of domestic tech companies, experts believe.

Citicorp Securities Indonesia strengthens its position in equities brokerage after gaining a seat on the Indonesia stock exchange. Elsewhere in the region, the bank signs a comprehensive partnership with Vietnam Development Bank.