Equity Capital Markets
Asia ex Japan issuers have raised a total of $4.3 billion through 29 deals this week, up 88% from the $2.3 billion raised last week via 37 deals.
The largest deal of the week is a private placement by Power Construction Corp of China for $1.7 billion via bookrunners China Securities, CITIC Securities, Guotai Junan Securities, and China International Capital Corp.
This deal is the seventh largest ECM deal in Asia ex Japan so far this year, and the largest ECM deal since China’s CRRC Corp’s follow-on for $1.8 billion on January 19, 2017.
China International Capital Corp...