Asia ECM at six year low as deal flow tumbles

falling money
By Jonathan Breen
31 Mar 2016

Asia ex-Japan has had its slowest first three months of equity capital markets activity since 2009, despite being the busiest for deal flow among all other regions in the world. While many market watchers are afraid the volatile start to the year has damaged the pipeline, there is still some optimism as small pockets of opportunities arise in countries like Indonesia and Thailand. Jonathan Breen reports.

Only 188 ECM deals have been priced in Asia ex-Japan so far this year to raise a collective $14.49bn. In comparison, 302 transactions were executed in the first quarter of last year to raise a hefty $31.16bn, according to Dealogic. During the same period in 2014, some 268 ...

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