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Chinese red tape leaves major deals in limbo
Business Standard
|November 06, 2024
'Can pull off economic recovery'
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The long reach of Chinese regulators is making it hard for some firms in the world's second-biggest economy to carry out transactions, leaving billions of dollars worth of deals on the table.
Even with Beijing's stimulus in September and subsequent rally in the stock market, 2024 is set to be the worst year in more than a decade for mergers and acquisitions, according to data compiled by Bloomberg. And while better than the lows of 2023, initial public offerings in Hong Kong have raised less than a fifth of the amount four years ago.
Esta historia es de la edición November 06, 2024 de Business Standard.
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