Asian ECM brushes off global stock selldown

Stock exchange
By John Loh
08 Feb 2018

Asian stocks added to the rout in global equity markets this week, putting a speed bump in front of the frenetic pace of primary activity. But deals continued to get done through the worst of the selldown, as equity bankers argued that the sell-off was a healthy, and temporary, correction. John Loh reports.

The storm that began last Friday among US stocks seemed to disappear as quickly as it arrived. Hong Kong’s benchmark index crept up 0.4% on Thursday, while the MSCI AC Asia Pacific Index ended flat. It was a calm day that belied the plunge earlier in the week, ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial