Equity capital markets
Issuance in the equity capital markets dropped this week to only $1.3 billion, raised from 18 issues, down 87% from the $9.6 billion achieved in the week before and stands as the lowest level since mid-February, when $823 million was raised from 14 deals.
The top three standings in the league table remain unchanged with Goldman Sachs leading with $5.7 billion, followed by UBS and Deutsche Bank.
A $227 million follow-on for Shandong Weigao Group Medical Polymer was the largest issue of the week, led by CICC and Morgan Stanley. Jiangsu Jixin Wind Energy Technology also raised $175 million from an IPO...