How Strong is Nomura IBD in Hong Kong?

I knew it is not a top player in Asia ex-Japan, since it is seldom seen in the league table, but how strong is its deal flow, especially M&A / ECM, compared to other banks outside the league table such as BNP, Rothschild, Macquarie ? Hardly found in depth discussion about this bank

Would be quite appreciated for any comments.

 

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