<\/p>\n
This is the lowest H1 figure in the region since 2016.<\/p>\n
The Asia-Pacific region, excluding Japan, recorded a 25 percent year-on-year (yoy) decline in investment banking fees to US$9.3 billion in the first half of 2024.<\/p>\n
This was the lowest H1 figure in the region since 2016, based on a report by the London Stock Exchange (LSEG) released.<\/p>\n
Fees generated in the region accounted for 16 percent of total fees earned global; IB fees from America accounted for 55 per cent, and Europe, 24 per cent.<\/p>\n
Equity capital markets underwriting fees were down 52 per cent on the year to US$1.6 billion in the region \u2013 the lowest since 2013. Its debt capital market fees fell 5 per cent to US$5.5 billion, while syndicated lending fees tumbled 39 per cent to US$1.2 billion, compared to H1 2023.<\/p>\n
The estimated advisory fees earned from completed mergers and acquisitions (M&As) were also down 28 per cent on the year to US$964 million in the region.<\/p>\n
Dealmaking activity for the region, excluding Japan, also fell 22 per cent on the year to US$268.7 billion \u2013 marking the lowest semi-annual total since H1 2013.<\/p>\n
Target Asia-Pacific M&A came to S$226.8 billion in transactions, down 23.8 per cent from a year ago, based on LSEG\u2019s data.<\/p>\n
Most of the dealmaking activity involving the region targeted the industrial sector, which accounted for a 16.8 per cent market share worth US$45 billion. This is also down 42.4 per cent from H1 last year.<\/p>\n
The high-technology sector, at 14.5 per cent market share, recorded US$39.1 billion in deals, inching up 1.4 per cent on the year. The materials sector captured 12.7 per cent market share worth US$34 billion, down 40.3 per cent from a year ago.<\/p>\n
Meanwhile, the consumer products and services, and healthcare and media and entertainment sectors recorded double-digit percentage growth from last year in terms of deal value, said LSEG.<\/p>\n
Private equity-backed deals targeting the region rose 15.1 per cent yoy to US$52 billion. While it is the highest start to the year since 2022, LSEG noted that the number of deals fell 45.1 per cent on the year.<\/p>\n
The region\u2019s equity and equity-related offerings for H1 2024 amounted to US$82.6 billion, down 30 per cent from the previous year, representing the lowest H1 period since 2012.<\/p>\n
While Asa-Pacific IPOs accounted for 28.7 per cent of global IPO proceeds, Chinese IPOs captured 11.8 per cent, raising US$5.8 billion, down 81.7 per cent from a year ago.<\/p>\n
While convertible bonds raised US$13.9 billion, up 2.7 per cent yoy, the number of convertibles fell by 68.9 per cent.<\/p>\n
Issuers domiciled in the Asia-Pacific raised US$1.9 trillion in bond proceeds in H1 2024, inching down 1.4 per cent from a year ago.<\/p>\n
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This is the lowest H1 figure in the region since 2016. The Asia-Pacific region, excluding Japan, recorded a 25 percent year-on-year (yoy) decline in investment banking fees to US$9.3 billion in the first half of 2024. This was the lowest H1 figure in the region since 2016, based on a report by the London Stock […]<\/p>\n","protected":false},"author":1,"featured_media":2013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Singapore-70-1140x445.jpg",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Singapore-70-463x348.jpg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Singapore-70-300x200.jpg",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Singapore-70.jpg",2000,1333,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=2012"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2012\/revisions"}],"predecessor-version":[{"id":2014,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2012\/revisions\/2014"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/2013"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=2012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=2012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=2012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}