More Chinese corporates eyeing deals in Asean, secondary listings on SGX
While Trump’s tariffs posed initial shocks, markets have since stabilised, says CGSI’s Jason Saw
[SINGAPORE] Chinese corporates are increasingly looking for deals in South-east Asia amid rising uncertainty from US trade policies, said Jason Saw, head of investment banking at CGS International (CGSI).
Saw expects CGSI will see eight to 10 major deals in the coming months, in its four key markets in Malaysia, Indonesia, Singapore and Thailand, with many of these transactions coming from Chinese and Hong Kong-based companies.
These companies are in the infrastructure, green energy, manufacturing, and healthcare sectors.
Copyright SPH Media. All rights reserved.