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Dealmakers in Asia seek new opportunities in M&A slowdown

Dealmakers in Asia are seeking to turn ongoing China-US trade tensions to their advantage even as fears of ramped-up hostility between the two countries disrupt markets and damp cross-border mergers and acquisitions (M&As).

Opportunities in China are emerging in the technology supply chain and among distressed companies, while the continued outbound focus of firms from safe-harbour Japan are likely to gain increased attention, industry participants said.

Deals involving Asian firms plunged 43 per cent year-on-year in the first half to US$453.5 billion, according to Refinitiv data. The slowdown was felt across major markets in China, Japan and India and in sectors from property and financials to technology, the data showed.

 

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