Hong Kong's finance sector M&A deals fall prey to China crackdown

Hong Kong's finance sector M&A deals fall prey to China crackdown

Hong Kong skyscrapers in fog. Photo: Pixabay

Mergers and acquisitions targeting Hong Kong financial firms have slumped this year, with insurance sector deals particularly hard hit, as China’s moves to tighten capital controls and crack down on corporate debt have driven mainland buyers away.

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