Anti-government protesters place paper cranes along the Avenue of Stars at Victoria Harbour in Tsim Sha Tsui. Four months of demonstrations have taken a toll on business sentiment. Photo: K.Y. Cheng

Deal making, IPOs set to slump in China and Hong Kong as trade war, civil unrest rage, says Baker McKenzie report

  • China’s inbound and domestic mergers and acquisitions are likely to fall by 18 per cent to US$248 billion in 2019, the law firm forecasts
  • In Hong Kong, total IPO transactions are forecast to plummet by 51 per cent to US$16 billion this year
Topic |   IPO

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Anti-government protesters place paper cranes along the Avenue of Stars at Victoria Harbour in Tsim Sha Tsui. Four months of demonstrations have taken a toll on business sentiment. Photo: K.Y. Cheng
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