Equity Capital Markets
The equity capital markets saw a steady pace of new deals this week with a total of $2.5 billion raised from 18 issues. UBS continues to lead the field in the league table ranking on $4.9 billion, followed by J.P. Morgan with $3.0 billion and China International Capital Corp CICC with $2.96 billion.
China Yurun Food Group's $511 million bought deal was the largest issue of the week and led by Morgan Stanley and UBS. Morgan Stanley remains in eighth place in the league table.
CICC moved up a notch into the top three on the back of Xi'an Shaangu Power's $248 million A-share IPO. Ping An Securities also climbed...