Equity Capital Markets
Asia ex-Japan ECM volume stands at $1.6bn via 21 deals so far this week, down 39% from the $2.6bn via 26 deals completed last week.
On August 15, YY Inc completed a $403m follow on via Credit Suisse, Goldman Sachs, and China Renaissance. This is the largest Asia ex-Japan ECM transaction this week.
Asia ex-Japan follow-on volume reaches $85.5bn in 2017 YTD, down for the second consecutive year-on-year since the record volume in 2015 $139.7bn, though this YTD figure still stands as the third highest YTD volume on record. Asia ex-Japan IPO volume stands at $42.4bn, up from the...