In an interview conducted before last Friday's downgrade of the US by Standard Poor's, Citi's Ed Lam spoke to us about the outlook for investment banking activity. Although primary markets activity is on the back burner at the moment, there is still an active pipeline of issuers waiting to tap the market and a good chance that deal flow will resume soon.
What is your outlook for primary capital markets issuance in Hong Kong in the second half
Investors remain very selective but high-quality IPOs initial public offerings will still get done as underlined by the recent Sun Art IPO here in Hong Kong, which was also...
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