Equity Capital Markets
Asia ex-Japan ECM volume stands at $2.0bn via 23 deals this week 12 IPO and 11 follow-ons, compared to the $697m via 13 deals completed last week.
On Oct 11, Chinese issuer Caitong Securities completed a $620m IPO via CITIC Securities and UBS, this is the largest Asia ex-Japan ECM transaction this week.
Shanghai Stock Exchange ECM volume stands $54.3bn via 240 deals so far this year, down from $62.0bn via 193 deals in 2016 YTD. Follow-On accounts for 60% of total volume with $32.4bn via 68 deals so far in 2017, down from the $47.5bn raised in...