ECM bankers look past woes, make plans for busy second half
Asia’s stock markets dived on Thursday as investors opted to hoard cash and global safe havens roiled with coronavirus-driven volatility. Amid the turmoil, however, equity capital markets bankers are trying to look ahead and are preparing for deals in the second half of the year. Jonathan Breen reports.
Hong Kong’s benchmark Hang Seng Index closed down about 2.61% on Thursday, having recovered from a 5% fall in the morning. But it has dropped 10.7% through the course of the week.Korea’s Kospi lost 8.4% on Thursday, capping a 20.5% dive over the past seven days. The ...
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