Equity Capital Markets
A total of $6.3 billion has been raised in the Asian equity capital markets so far this week through 29 deals, down slightly on the $6.9 billion raised in the prior week.
China Fortune Land Development’s $1.1 billion follow-on through bookrunners CITIC Securities and Huatai Securities is the largest deal of the week and also the ninth largest ECM transaction globally so far this year
A-share ECM issuance has reached $21.9 billion so far this month, surpassing the previous monthly record of $21.7 billion raised in September 2007. Follow-ons account for the bulk of the A-share issuance with $19.3 billion, up...