Equity Capital Markets
Asia ex Japan issuers have raised a total of $2.8bn through 18 deals this week, up 33% compared to $2.1bn last week via 16 deals.
The largest deal of the week was an IPO by Pinduoduo for $1.6bn via Credit Suisse, Goldman Sachs, and China International Capital Corp.
Asia ex Japan technology IPO volume reached its highest level on record with $11.6bn via 63 deals in 2018 YTD, up 64% from $7.1bn via 66 deals in 2017YTD. Pinduoduo Inc IPO is the second largest IPO in this YTD.
Goldman Sachs leads the ECM league table...