Dealogic league table roundup, October 14

Equity capital markets
Activity in the equity capital markets totalled just $157 million from 13 transactions this week, marking the lowest weekly volume since the first week of March 2009 ($21 million from seven issues). There were no equity-linked deals for the seventh time this year and weekly IPO volume was at its lowest since the last week of February ($122 million).

Zhejiang Jinlei Refractories’ $44 million IPO through bookrunner Guosen Securities was the largest issue of the week. A $21 million IPO for Flexituff International was also completed this week and was led by Collins Stewart Inga.

Goldman Sachs leads the league table ranking with $11.4 billion, followed by Morgan Stanley and UBS.

Top 10 Asia ex-Japan ECM bookrunner rankings

	Bookrunner parents	Value ($m)	No.	%
1	Goldman Sachs	11,417	33	8.5
2	Morgan Stanley	9,362	39	6.9
3	UBS	6,134	36	4.6
4	Deutsche Bank	6,062	31	4.5
5	Credit Suisse	6,002	34	4.5
6	Bank of America Merrill Lynch	4,454	17	3.3
7	Citi	4,352	33	3.2
8	JPMorgan	4,108	29	3.1
9	Ping An Securities Co Ltd	3,883	30	2.9
10	CITIC Securities	3,830	12	2.8

Debt capital markets
A total of $146 million was raised from two trades this week in Asia’s debt capital markets. Korea Development Bank’s $87 million bond was the biggest trade of the week through bookrunners Barclays Capital, Morgan Stanley, Mizuho and Sumitomo Mitsui Financial Group.

The top three banks in the league table rankings remain unchanged with HSBC taking $8.6 billion, followed by Citi and Deutsche Bank.

Top 10 Asia ex-Japan DCM bookrunner rankings

	Bookrunner parents	Value ($m)	No.	%
1	HSBC	8,631	54	12.3
2	Citi	5,599	35	8.0
3	Deutsche Bank	5,118	30	7.3
4	Goldman Sachs	4,821	23	6.9
5	UBS	4,540	26	6.5
6	JPMorgan	4,449	29	6.3
7	Standard Chartered Bank	4,160	36	5.9
8	RBS	3,634	30	5.2
9	Bank of America Merrill Lynch	3,581	23	5.1
10	Barclays Capital	3,350	22	4.8