Asia ex-Japan share sales rebounded in the first half of 2017 as the region gradually shrugged off the political uncertainties in the US and Europe, prompting capital to flow back into the region’s stock markets after a catastrophic 2016.
Total equity deal volume grew by 16% to $46.7 billion in the first six months of the year compared with $40 billion in the same period of 2016, the lowest level since 2003, according to data from Dealogic. This figure does not include A-shares, which are still largely unaccessible to international funds.
Bankers expect the improved momentum to continue in the second half of the year, with...