China investment banking fees hit by 33% drop in H1

ECM and M&A activity plunged by 66.2% and 21.6% respectively, however DCM demonstrated resilience, dropping slightly by 1.8%.

Investment banking fees generated by financial institutions in China stood at $5.6 billion during the first half of this year, a year-on-year drop of 33% compared to that of last year’s, according to data from the London Stock Exchange Group (LSEG).

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