Equity capital markets
The Asian equity markets have raised $3.7 billion through 23 transactions so far this week, up from $589 million raised during the same period last week, which brings year-to-date volume to $53.3 billion so far this year, up 8% year-on-year.
The biggest deal of the week was Shijiazhuang Baoshi Electronic Glass Co’s $807 million follow-on through bookrunner Guangzhou Securities, which is the biggest tech ECM transaction in Asia ex Japan so far this year.
The other notable deal in the region was LT Group’s $796 million follow-on through bookrunner UBS. It is the second-biggest ECM transaction from the Philippines on record,...
