SYDNEY/SINGAPORE : Asia's dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in the region's equity capital markets, after volumes in the first half of the year sank to their lowest in four years.First-half Asia Pacific equity capital markets vo
SYDNEY/SINGAPORE : Asia's dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in the region's equity capital markets, after volumes in the first half of the year sank to their lowest in four years.
"For investor sentiment to return for IPOs we need to see a more stable interest rate environment in the U.S., more economic stimulus from China and an improving geopolitical backdrop," said Cathy Zhang, head of Asia Pacific equity capital markets at Morgan Stanley. Despite the ongoing downturn, bankers are betting on stabilisation of interest rates globally and a Chinese economic rebound spurred by stimulus measures to boost deal activity in the next six months.
As bankers scan their pipeline of IPO candidates for the second half, larger transactions in the region are being favoured to help kick-start activity. Similarly, Alibaba Group has said it would separate six business units that would also look to carry out IPOs or capital raisings to fund future growth.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China bankers told to shun flashy clothes, 5-star hotels in austerity driveHONG KONG: From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches at work, to reining in travel and entertainment expenses, Chinese financial firms have jumped on an austerity drive as Beijing pushes to bridge the wealth gap. The steps come as authorities vow to clamp
Read more »
China bankers told to shun flashy clothes, 5-star hotels in austerity driveHONG KONG — From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches at work, to reining in travel and entertainment expenses, Chinese financial firms have jumped on an austerity drive as Beijing pushes to bridge the wealth gap.
Read more »
Israel to build fibre-optic link between Europe and AsiaJERUSALEM : Israel will build a 254 kilometer (158 mile) fibre-optic cable between the Mediterranean and Red Sea, creating a continuous link between Europe, the Gulf countries and Asia, the Finance Ministry said on Sunday.State-owned energy group EAPC will build the cable along the route of an oil pipelin
Read more »
Green Pulse Podcast: Banking on change - unlocking Asia’s green transitionThe Asian Development Bank is trying to bring green power to the people while curbing climate risks. It’s a huge challenge. Read more at straitstimes.com.
Read more »
Foreign object found in student’s meal in China confirmed to be rat’s headA local-level investigation initially concluded that the object was a duck neck. Read more at straitstimes.com.
Read more »
Blinken talks to Japanese, South Korean counterparts ahead of China tripWASHINGTON: US Secretary of State Antony Blinken spoke separately with his South Korean and Japanese counterparts, emphasising the importance of 'sustained ... trilateral cooperation' ahead of his visit to China, the State Department said on Saturday (Jun 17). The conversations also come as North Ko
Read more »