Equity Capital Markets
The equity capital markets kept at an even pace this week with $1.4 billion raised from 19 issues. The top 10 league table rankings remain static with CITIC Securities, Goldman Sachs and China International Capital Corp leading the field on $8.1 billion, $7.8 billion and $7.5 billion respectively.
Poly Hong Kong Investments’ $453 million accelerated bookbuild was the largest issue of the week and led by Bank of China, Citi and Standard Chartered Bank. SKS Microfinance also raised $348 million from an IPO bookrun by Citi, Credit Suisse and Kotak Mahindra Bank.
Issues scheduled to price next week include China Everbright Bank’s IPO via...