Equity Capital Markets
Asia ex Japan issuers have raised $3.9 billion through 14 deals so far this week, up from the $2.5 billion raised in the same period last week.
The most notable transaction this week is Poly Real Estate Group’s $1.4 billion follow-on through sole bookrunner CITIC Securities. The deal is the largest Real Estate sector issuance in Asia ex Japan so far this year and the biggest Real Estate A-share deal on record, followed by China Vanke’s$1.3 Follow-on in August 2007.
The deal help push Real Estate sector ECM volume in Asia ex Japan to $8.3 billion so far this year, down...