M&A bankers hopeful despite China's market woe

China's wild stock market ride and shredded investor confidence will not necessarily kill off deal-making but the road ahead could be tougher for new mergers and acquisitions.

The Shanghai Composite Index plunged by 8.5% on Monday and continued to fall further on Tuesday and Wednesday, rocking financial markets around the world, before rising 5.3% on Thursday. The benchmark is some 40% below its June 12 peak but still 40% higher than it's 52-week low.

Corporate chieftains need confidence in markets to forge ahead with major acquisition plans. While deal-makers contacted by FinanceAsia said they haven't seen any deals pulled, the market volatility appeared to dampen...