M&A bankers hopeful despite China's market woe

Bank of China (Hong Kong)'s sale of Nanyang Commercial Bank attracted only one bidder while Tesco's sale of Homeplus is still in the works.

M&A bankers hopeful despite China's market woe

China's wild stock market ride and shredded investor confidence will not necessarily kill off deal-making but the road ahead could be tougher for new mergers and acquisitions.

The Shanghai Composite Index plunged by 8.5% on Monday and continued to fall further on Tuesday and Wednesday, rocking financial markets around the world, before rising 5.3% on Thursday. The benchmark is some 40% below its June 12 peak but still 40% higher than it's 52-week low....

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...