Equity Capital Markets
Asia ex Japan issuers have raised $2.4 billion through 20 deals so far this week, down on the $7.4 billion raised in the same period last week.
The largest deal of the week is Bank of Guiyang’s $640 million IPO priced on August 3 on the Shanghai Stock Exchange, through sole bookrunner China Securities. This is also the second largest A-share IPO in 2016 YTD, after Bank of Jiangsu’s $1.1billion listing on June 28.
Asia ex Japan Finance ECM volume totals $18.0bn in 2016 YTD, down to about one third the amount raised in the same 2015 period $51.9bn...