China's Monetary Policy U-Turn And Asia's Deal Outlook

In 2009, Asia led global IPO activity, with Chinese issuers alone accounting for 46% of total volume, and was the third largest M&A target region by value at US$772bn. Needless to say, what happens to Asia is of prime importance for the 2010 global IPO and M&A outlooks. Barely two weeks into the New Year, the People's Bank of China (PBOC) made a monetary policy U-turn towards tightening, whose implications for 2010 Asian M&A and IPO activity we outline below. We focus on implications for China, India and South

To read the full article, please choose one of the following options: