Equity capital markets
Volume in the Asian equity capital markers totalled $2 billion from 13 transactions this week, bringing the year-to-date volume to $153.5 billion, down 43% on the $271.5 billion completed in the same period last year.
New World Development’s $1.5 billion follow-on through HSBC and Standard Chartered was the biggest transaction this week and is also the second-biggest equity capital markets transaction in the real estate sector so far this year.
The top three banks in the league table rankings remain unchanged, with Goldman Sachs taking $12.7 billion, followed by Morgan Stanley and UBS.
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