Asia to emerge as hot spot for equity deals as India activity surges

Economy
SYDNEY, June 27 (Reuters) – (This June 27 story has been corrected to fix the spelling of the name ‘Dhupelia’ in paragraph 10)
A possible revival in IPOs in Hong Kong after a pickup in Chinese regulatory approvals, and a string of mega deals in India are expected to make Asia a bright spot for equity deals in the second half of this year, bankers and analysts said.
Despite the extended downturn in Asia initial public offerings (IPOs), India’s share in Asia equity capital market (ECM) deals is at record high now, and the surge in deals is expected to last for the foreseeable future, they added.
Source: REUTER

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