Equity Capital Markets
The Asian equity capital markets have raised a total of $1.3 billion through 12 deals this week, up from $463 million through 16 deals raised in the same period last week.
Volume was boosted by Qihoo 360 Technology’s $600 million equity-linked deal through bookrunners Citi, UBS and China Renaissance Capital Investment, in what is the biggest Asia Ex Japan ECM deal since Fubon Financial Holding’s $850 million follow-on since July 2nd.
The deal also stands as the largest equity-linked deal by a US-listed Chinese company on record and brings the regional equity-linked deal volume to $10.0 billion, the highest...