Equity Capital Markets
A total of $$989 million has been raised in the equity capital markets so far this week through 12 deals, down from the $3.4 billion raised in the same period last week.
The largest deal of the week is GEPIC Energy Development’s $278 million follow-on through sole bookrunner Southwest Securities and brings the regional Utility & Energy sector ECM volume to $2.3bn in 2016 YTD, up 32% year-on-year.
The top three banks leading the league table ranking remain unchanged with GF Securities with $4.8 billion in 2016 YTD, while CITIC Securities and Guosen Securities follow with $2.9 billion and $2.5 billion, respectively.
| Asia (ex Japan) ECM Bookrunner Rankings - 2016 YTD | ||||
| Bookrunner | Deal Value ($m) | No. | %share | |
| 1 | GF Securities | 4,848 | 11 | 11.6 |
| 2 | CITIC Securities | 2,890 | 13 | 6.9 |
| 3 | Guosen Securities | 2,540 | 8 | 6.1 |
| 4 | Haitong Securities Ltd | 2,143 | 13 | 5.1 |
| 5 | Deutsche Bank | 1,957 | 8 | 4.7 |
| 6 | Guotai Junan Securities | 1,665 | 13 | 4.0 |
| 7 | China International Capital Corp | 1,662 | 7 | 4.0 |
| 8 | Sinolink Securities | 1,587 | 2 | 3.8 |
| 9 | Huatai Securities | 1,369 | 8 | 3.3 |
| 10 | China Securities | 1,279 | 5 | 3.1 |
Debt Capital Markets
Six issuers have tapped the Asian G3 debt capital markets so far this week for a total of $6.0 billion, up from $1.4 billion raised in the previous week.
Asian Development Bank’s $3.0 billion trade through bookrunners JPMorgan, RBC Capital Markets, Nomura and Citi is the largest deal of the week and brings $19.1 billion, up 25% on $15.3 billion raised in the same period last year.
HSBC leads the G3 DCM bookrunner ranking in the region in 2016 YTD with $3.8 billion while Citi and Bank of America Merrill Lynch follow with $3.0 billion and $2.5 billion respectively.
| Asia (ex Japan) G3 DCM Bookrunner Rankings - 2016 YTD | ||||
| Bookrunner | Deal Value ($m) | No. | %share | |
| 1 | HSBC | 3,809 | 20 | 10.9 |
| 2 | Citi | 3,010 | 13 | 8.6 |
| 3 | Bank of America Merrill Lynch | 2,468 | 9 | 7.1 |
| 4 | JPMorgan | 2,423 | 10 | 6.9 |
| 5 | Standard Chartered Bank | 2,369 | 10 | 6.8 |
| 6 | Morgan Stanley | 1,697 | 6 | 4.9 |
| 7 | Bank of China | 1,512 | 6 | 4.3 |
| 8 | Deutsche Bank | 1,432 | 7 | 4.1 |
| 9 | BNP Paribas | 1,240 | 8 | 3.6 |
| 10 | Credit Suisse | 1,215 | 8 | 3.5 |
