The equity capital markets raised almost $2 billion this week via 24 issues, pushing year-to-date volume over the $12 billion mark. UBS heads the league table rankings with $1.6 billion from 14 deals followed by JP Morgan and Goldman Sachs.
Kowloon DevelopmentÆs $678 million fully marketed deal was the largest issue of the week and bookrun by Intellinsight Holdings. UBS led the $307 million IPO for China Huiyuan Juice Group on a sole basis.
Merrill Lynch jumped up to sixth place from tenth last week, on the back of China Properties GroupÆs $208 million IPO and Orchid Chemicals PharmaceuticalsÆ $175 million convertible, both run on a sole basis by the US investment...