Opinion

Don’t expect a flood of IPOs, but there are still placements across Asia Pacific.

Yet another multi-billion-dollar loss on investments in SoftBank’s Vision Funds speaks to a malaise that is hurting the tech teams of investment banks in Asia.

The southern Chinese city has set out ambitious plans to become one of the world’s top wealth-management centres. With one of China’s largest onshore pools of private wealth, there is everything to play for.

Will investment banks in Asia be able to survive another difficult year? That is a big question as firms enter 2023 on a weaker footing than in 2022.

Fund managers see big opportunities in Asia’s private credit market.

Asia’s capital markets have swung from euphoria to despair in the past year. The days of bumper deal flow are over, now followed by a relative drought – cancelled or smaller trades, market volatility, and talk of the need to trim back large teams. Heading into the second half of the year, the mood is set to get even grimmer.

The risks are stacking up in Asian countries.

Lack of clarity from Chinese authorities amid stalemate with the US means investors should have expected the unexpected

Two critical developments in China caught the financial markets off guard in 2021.