China’s Big Four Ready for Bad Debt challenge
1 June, 2016M&A: China’s New Language of Acquisition
1 June, 2016Euromoney, June 2016
ECM bankers in Hong Kong and Singapore carry a look of worn-down disappointment lately, rather like Jeb Bush throughout the US Republican primary campaign: a dim belief that things might get better, but an awareness of overwhelming evidence to the contrary. There are almost no deals in Asian ECM and, worse, in several places there’s no good reason to expect there will be any deals in the near future either.
What to conclude, then, from the spate of deals that surfaced in Hong Kong, Singapore and Indonesia in late May? Is this an unplugging of a throttled ECM pipeline, to be followed by multitudinous new raisings? Or a series of one-offs?
It depends where you look.
Full article: http://www.euromoney.com/Article/3560102/Mixed-messages-in-Asias-ECM-revival
