Equity Capital Markets
A total of $4.4 billion has been raised in the Asian equity capital markets through 16 deals this week, up from the $1.9 billion raised in the same period last week and brings year-to-date ECM issuance in the region to $48.7bn, up 2% year-on-year.
China Zheshang Bank’s $1.7 billion IPO completed through a consortium of nine bookrunners is the largest deal of the week and the largest IPO globally since China Engineering’s $1.9bn IPO on December 3, 2015.
Hong Kong stock exchange tops the exchange rankings for new listings globally so far this year, on the back of China Zheshang Bank...