Equity Capital Markets
A total of $2.2 billion has been raised in the Asian equity capital markets through 11 deals so far this week, down on the $2.6 billion raised in the same period last week. Activity is also down compared to the 16 deals completed last week.
The largest deal of the week is Everbright Securities' $1.3 billion follow-on through sole bookrunner China Merchants Securities.
Finance sector leads the China ECM issuance so far this year with $43.6 billion via 38 deals, the highest YTD volume and deal activity level on record.
CITIC Securities leads the league table ranking with $14.3 billion. UBS and Goldman Sachs follow with $13.5 billion and $12.7 billion, respectively.
| Asia (ex Japan) ECM Bookrunner Rankings - 2015 YTD | ||||
| Bookrunner | Deal Value ($m) | No. | %share | |
| 1 | CITIC Securities | 14,320 | 49 | 7.4 |
| 2 | UBS | 13,460 | 46 | 7.0 |
| 3 | Goldman Sachs | 12,736 | 37 | 6.6 |
| 4 | Morgan Stanley | 8,290 | 47 | 4.3 |
| 5 | Credit Suisse | 7,295 | 41 | 3.8 |
| 6 | Guotai Junan Securities | 7,270 | 35 | 3.8 |
| 7 | JP Morgan | 6,643 | 31 | 3.4 |
| 8 | Haitong Securities | 5,769 | 52 | 3.0 |
| 9 | China Merchants Securities | 5,468 | 32 | 2.8 |
| 10 | Deutsche Bank | 5,394 | 21 | 2.8 |
Debt Capital Markets
Export-Import Bank of Korea is the only issuer to tap the G3 debt capital markets this week with a $169 million transaction, compared to $200 million raised in the same period last week through three deals.
HSBC continues to top the league table ranking with $15.5 billion in 2015 YTD while Citi and JP Morgan follow with $13.4 billion and $10.6 billion, respectively.
| Asia (ex Japan) G3 DCM Bookrunner Rankings - 2015 YTD | ||||
| Bookrunner | Deal Value ($m) | No. | %share | |
| 1 | HSBC | 15,545 | 97 | 10.6 |
| 2 | Citi | 13,448 | 74 | 9.2 |
| 3 | JPMorgan | 10,592 | 54 | 7.3 |
| 4 | Deutsche Bank | 9,194 | 62 | 6.3 |
| 5 | Bank of America Merrill Lynch | 8,771 | 58 | 6.0 |
| 6 | Standard Chartered Bank | 8,457 | 49 | 5.8 |
| 7 | Goldman Sachs | 6,616 | 28 | 4.5 |
| 8 | Morgan Stanley | 6,259 | 35 | 4.3 |
| 9 | Bank of China | 5,005 | 38 | 3.4 |
| 10 | DBS | 4,704 | 31 | 3.2 |
