Equity Capital Markets
Asia ex Japan issuers have raised $2.5 billion through 26 deals this week, compared with $4.1 billion raised in the same period last week.
The largest deal of the week is China’s Zhejiang Daily Media Group’s $280 million follow-on through sole bookrunner, Xinhu Holding Co Ltd.
APAC ex Japan Retail sector ECM volume reached $9.3bn via 50 deals in 2016 YTD, up 112% from $4.4bn via 50 deals in the same period last year and the highest YTD total on record. Follow-ons account for 88% of volume with $8.2bn via 34 deals and up 280% from 2015 YTD $2.1bn via...