Equity Capital Markets
A total of $4.2 billion has been raised by Asia ex-Japan issuers in the equity capital markets so far this week through 31 transactions.
This is up significantly on the $1.8 billion raised through 25 issues in the same period last week and brings the region’s volume to $124.4 billion so far this year, up from $94.7bn raised in the same 2013 period.
The largest deal of the week is Chinese issuer Sichuan Hongda’s $626 million follow-on through bookrunner New Times Securities. It is also the third largest A-share follow-on priced so far this quarter, behind Soochow Securities’ $833 million issue August...