Equity Capital Markets
A total of $1.2 billion has been raised in the Asian equity capital markets this week, compared to the $641 million raised in the same period last week.
Southwest Securities’ $703 million follow-on through bookrunner Soochow Securities was the largest deal to complete this week. The deal is also the third largest follow-on from a Chinese issuer so far this year.
Follow-on issuance from Chinese issuers accounts for 56% of total China ECM volume with $8.9 billion in 2014 YTD, compared with $15.9 billion with an 89% share in the same 2013 period.
Goldman Sachs leads the league...