Wuxi Taclink Optoelectronics Technology Co. is exploring a secondary listing in Singapore, a move that could mark the first time a mainland China-traded company pursues a secondary offering on the Singapore Exchange (SGX) [1, 2]. The firm may raise at least S$200 million (US$156 million) in the share sale as part of the plan [1, 2].
The company is working closely with Haitong International Securities and Oversea-Chinese Banking Corp (OCBC) to develop the listing strategy, although the size and timing of the offering remain under deliberation and may yet change [1, 2].
Wuxi Taclink’s secondary listing would add momentum to the SGX’s campaign to attract more companies from China and Southeast Asia amid a year of rising initial public offering (IPO) activity in Singapore. IPO proceeds on the SGX have reached US$912 million so far in 2026 [2].
Historically, mainland Chinese companies with primary listings in China have favored Hong Kong for secondary listings, where over US$21 billion has been raised through IPOs in 2026 to date, dwarfing Singapore’s total [2].
Wuxi Taclink has benefited from a booming AI supply chain sector. Its shares have tripled over the past year, pushing its market capitalization to roughly 38 billion yuan (US$5.6 billion) [2].
First reports of Wuxi Taclink’s Singapore secondary listing plans emerged on May 29, 2026, confirming the firm’s collaboration with Haitong and OCBC [1, 2].
Deliberations on timing and scale of the share sale are ongoing, with the company yet to set a firm date for the potential listing [2].
