ECM bankers fear Asia losses will hinder EMEA deals

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ECM bankers fear Asia losses will hinder EMEA deals

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Chinese investors discuss about stock index and prices of shares (red for price rising and green for price falling) at a stock brokerage house in Nanjing city, east China's Jiangsu province, 11 November 2019. Major Chinese stock indices ended lower Monday, with the benchmark Shanghai Composite Index down 1.83 percent, at 2,909.97 points. The Shenzhen Component Index closed 2.17 percent lower at 9,680.57 points. The combined turnover of stocks on the two exchanges stood at 423 billion yuan (about 60.5 billion U.S. dollars), shrinking from 449.4 billion yuan in the previous trading day. | Imaginechina/SIPA USA/PA Images

Equity capital markets bankers are on tenterhooks following the volatility in markets caused by the outbreak of the coronavirus in China. Although a prolonged downturn is not expected, bankers are waiting to see how investors respond to losses suffered in Asian markets before advancing new deals.

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