Equity capital markets
Volume in the Asian equity capital markets totalled $1.4 billion from 10 transactions this week, which brings the average deal size this week to $140 million, the highest weekly average since the week of December 5 $189 million. J.P. Morgan maintains its lead in the league table ranking with $603 million.
Gree Electric Appliances’ $517 million follow-on was the largest deal of the week and led by China Merchants Bank. The deal marks the sixth-biggest ECM transaction globally so far this year and pushes China Merchants Bank to second place in the league table ranking.
The second-biggest deal of the week...