Equity capital markets
There was a total of $1 billion of activity in Asia’s equity capital markets this week, involving 11 issuers. Year-to-date issuance totals $127.1 billion, down 23% from the $166.1 billion raised during the same period last year.
Goldman Sachs remains at the top of the league table ranking with $11.4 billion, followed by Morgan Stanley and UBS.
Belle International’s $471 million follow-on offering was the week’s...