Equity capital markets
The Asian equity markets have raised $1.9 billion through 19 transactions so far this week, compared to the $3.9 billion raised in the same period last week.
The largest deal, Zhe Jiang Daily Media Group’s $366 million follow-on through sole bookrunner Bank of China, is also the biggest ECM transaction in the publishing sector in 2013 so far.
The second-biggest deal of the week was a $333 million follow-on for Melco Crown Philippines Resorts through bookrunners Citi and UBS.
Philippines ECM volume stands at $2.3 billion so far this year, more than double the $1.2 billion raised in...