Dealogic league table roundup, September 16

Equity capital markets
Volume in the equity capital markets dropped this week to $249 million from just three issues, marking the lowest weekly issuance since March 2009. The top three banks in the league table remain unchanged with Goldman Sachs $11.4 billion, followed by Morgan Stanley and UBS.

Hunan Er-Kang Pharmaceutical’s $129 million IPO was the largest deal of the week and led by Southwest Securities.

Deals scheduled to price next week include Hongguo International Holdings’ $178 million IPO led by Citi and DBS, and a $155 million IPO for Tenfu (Cayman) Holdings through Credit Suisse, CICC and Polaris Securities.

Top 10 Asia ex-Japan ECM bookrunner rankings

	Bookrunner parents	Value ($m)	No.	%
1	Goldman Sachs	11,417	33	8.9
2	Morgan Stanley	9,362	39	7.3
3	UBS	6,074	35	4.8
4	Deutsche Bank	5,954	30	4.7
5	Credit Suisse	5,900	32	4.6
6	Bank of America Merrill Lynch	4,454	17	3.5
7	JPMorgan	4,108	29	3.2
8	Citi	4,071	31	3.2
9	Ping An Securities Co Ltd	3,789	29	3.0
10	CITIC Securities	3,547	11	2.8

Debt capital markets
Borrowers raised a total of $520 million in Asia’s G3-currency debt capital markets this week. HSBC continues to dominate the league table ranking with $8.6 billion, followed by Citi and Deutsche Bank.

Korea Finance Corp’s $391 million issue was the biggest deal of the week, led by Barclays Capital, Daiwa Capital Markets, Deutsche Bank and Mizuho.

Top 10 Asia ex-Japan DCM bookrunner rankings

	Bookrunner parents	Value ($m)	No.	%
1	HSBC	8,621	53	12.6
2	Citi	5,514	33	8.0
3	Deutsche Bank	5,118	30	7.5
4	Goldman Sachs	4,811	22	7.0
5	UBS	4,472	24	6.5
6	JPMorgan	4,279	26	6.2
7	Standard Chartered Bank	3,970	34	5.8
8	RBS	3,624	29	5.3
9	Bank of America Merrill Lynch	3,581	23	5.2
10	Barclays Capital	3,279	20	4.8