SINGAPORE -- The coronavirus outbreak will likely have a severe impact on new stock market listings across Asia this year and hinder mergers and acquisitions, according to global consultancy Bain & Co.
With private Asia Pacific companies already losing $85 billion in value last year, a 31% fall compared to the previous five-years, Bain said the outbreak could extend the risk of a worldwide slump with deal activity off to a "very slow start" in 2020 across the board, but especially in China.
