Equity capital markets
Activity in Asian equity markets totalled $1.9 billion through 23 deals so far this week, down from the $6.7 billion raised last week, which marked the second busiest weekly level for 2012, driven by Goldman’s $2.5 billion ICBC sale and Haitong Securities’ $1.7 billion IPO.
Shaanxi International Trust’s $336 million follow-on through bookrunner Citic Securities was the biggest deal of the week, while SingTel’s $272 million sale of its Far Eastone stake was the second-biggest deal to complete this week and marks the fifth-largest Taiwanese ECM deal so far this year.
Guosen Securities has climbed to seventh spot this week...