The US$2.9 billion tussle for control of Yingde Gases Group was the largest merger and acquisition deal in Hong Kong in the first three months of 2017, amid a quarter of shrinking deal sizes and deteriorating sums caused by China’s stringent capital controls. Photo: Handout

Hong Kong’s Q1 merger deals shrink 19pc, hurt by China’s capital controls

First-quarter mergers and acquisitions fell, while the average deal size shrank by 10 per cent, Thomson Reuters data showed.

Topic |   Mergers & Acquisitions

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The US$2.9 billion tussle for control of Yingde Gases Group was the largest merger and acquisition deal in Hong Kong in the first three months of 2017, amid a quarter of shrinking deal sizes and deteriorating sums caused by China’s stringent capital controls. Photo: Handout
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