Equity Capital Markets
Asia ex-Japan ECM volume increased to $6.78bn via 29 deals this week from the $4.06bn 37 deals raised last week.
On January 17, Chinese issuer Country Garden Holdings raised $3.0bn comprised of a $1.0bn top-up placement and a $2.0bn convertible via sole bookrunner Goldman Sachs, this is the largest Asia ex-Japan ECM transaction of the week.
China ECM Volume stood at $178.6bn via 988 deals in 2017, down from the $216.1bn 919 deals in 2016. Shanghai Stock Exchange accounted for 47.2% of the total issuance with $84.2bn via 321 deals in 2017, followed by Shenzhen Stock Exchange and Hong Kong Exchange...