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Deutsche co-chief for Asia an unabashed bull

Bhupinder Singh, Deutsche Bank's Asia-Pacific co-head of investment banking, is - as you might expect - positive on the outlook for Asia-Pacific investment banking.

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Bhupinder Singh says that if China's economy starts to heat up, investors will pile back into its stock market. Photo: Sam Tsang

Bhupinder Singh, Deutsche Bank's Asia-Pacific co-head of investment banking, is - as you might expect - positive on the outlook for Asia-Pacific investment banking.

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He believes that a strong economic recovery now underway in the United States, combined with better growth in the euro zone, will propel China's economy and its capital markets.

"The world economy will continue to recover and recover strongly. China should be in a good position to leverage on this recovery in export demand," he said.

Should China's economic growth rebound, investors will pile back into its stocks, which are cheap by virtually any historical measure, he says.

This is reflected in the bank's pipeline of Chinese equity deals coming due, not the least of which is the imminent listing of Alibaba. Deutsche will be a bookrunner on the offer which, at about US$20 billion, will be one of the world's biggest floats.

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"The pipeline I've seen in the past six months is potentially greater than anything I've seen in the recent past," said Singh.

China should be in a good position to leverage on this recovery
Bhupinder Singh
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