Equity Capital Markets
A total of $2.6 billion was raised from 31 issues in the equity capital markets this week, bringing volume for the year so far to $56.2 billion -- more than 3.5 times the amount raised in the same period last year and still at a record year-to-date level for the region.
The league table ranking remains unchanged with UBS leading the field on $4.3 billion, followed by J.P. Morgan on $3 billion and Goldman Sachs with $2.9 billion.
The biggest issue of the week was the $303 million A-share IPO for Tianjin Lisheng Pharmaceutical, which was led by Bohai Securities. Outside of the mainland, Videocon Industries raised $261 million from a fully...