Equity capital markets
Eight issuers raised a total of $2.3 billion from the equity capital markets this week. Goldman Sachs remains at the top of the league table ranking with $4.8 billion, followed by Deutsche Bank and Credit Suisse.
Wuhan Iron Steel’s $1.3 billion follow-on was the largest deal of the week, accounting for the bulk of issuance. GF Securities led the deal, which helped push the domestic Korean house into the top 10.
Baoding Tianwei Baobian Electric’s $382 million follow-on, led by China Merchants Securities, and China NT Pharma’s $242 million IPO, led by Goldman Sachs and UBS, are set...