Equity Capital Markets
A total of $2.7 billion has been raised in the Asian equity capital markets this week through 22 deals, up slightly on the $2.1 billion raised in the previous week.
The largest transaction of the week was a $1.1 billion follow-on for Guangdong Huasheng Electrical Appliances through bookrunners China Everbright Group and Hengtai Securities. The deal is also the largest Tech ECM transaction in the region since Dongxu Optoelectronic Technology’s $1.2 billion in December 2015.
China accounts for 87% of Tech ECM issuance in Asia ex Japan with $7.9 billion, the highest YTD total since 2014 $13.3 billion, up 52%...