Equity Capital Markets
Asia (ex Japan) ECM volume stands at $2.1bn via 14 deals so far this week compared to the $2.1bn via 26 deals completed in the previous week.
Chinese issuer People’s Insurance Co completed a $872m follow-on via CICC, CITIC, GS, and Essence Securities in what is the largest Asia (ex Japan) ECM transaction this week.
Asia (ex Japan) Insurance ECM volume stands at $1.1bn via 4 deals in 2018 YTD, down from $9.8bn via 16 deals in the same 2017 period and the lowest YTD volume since 2010 ($28.0bn).
Goldman Sachs leads Asia (ex Japan) ECM market with $15.6bn, followed by Citi with $12.5bn and Morgan Stanley with $11.6bn.
| Pos. | Bookrunner | Deal Value ($m) | No. | %share |
|---|---|---|---|---|
| 1 | Goldman Sachs | 15,566.0 | 75 | 8.03 |
| 2 | Citi | 12,524.1 | 76 | 6.46 |
| 3 | Morgan Stanley | 11,594.9 | 53 | 5.98 |
| 4 | China International Capital Corp Ltd | 10,849.8 | 43 | 5.60 |
| 5 | China Securities Co Ltd | 9,847.5 | 42 | 5.08 |
Debt Capital Markets
Asia (ex Japan) international DCM totaled $3.9bn via 18 deals this week, compared to $7.7bn via 20 deals in the previous week.
The largest deal of the week goes to Baidu with $1.0bn proceeds via Goldman Sachs and JP Morgan.
In Asia (ex Japan) International DCM, Real Estate DCM reached the highest YTD volume on record with $50.5bn via 199 deals compared to second largest in 2017 YTD with $44.0bn via 174 deals.
HSBC leads the Asia(ex Japan) international DCM league with $23.6bn. This is followed by Citi with $16.6bn and Standard Chartered Bank with $13.1bn.
| Pos. | Bookrunner | Deal Value ($m) | No. | %share |
|---|---|---|---|---|
| 1 | HSBC | 23,642.1 | 221 | 8.38 |
| 2 | Citi | 16,587.3 | 135 | 5.88 |
| 3 | Standard Chartered Bank | 13,085.2 | 138 | 4.64 |
| 4 | Bank of China | 11,704.3 | 133 | 4.15 |
| 5 | DBS | 11,120.3 | 109 | 3.94 |
