Equity Capital Markets
A total of $2.7 billion was raised from the equity capital markets this week, pushing year-to-date issuance over the $8 billion mark. China International Capital Corp CICC heads the league table ranking on $1.6 billion, followed by UBS with $852 million and Ping An Securities with $656 million.
CICC jumped to the top of the ranking on the back of China XD Electric's $1.5 billion A-share IPO -- the biggest issue so far this week -- which it led on a sole basis.
Yes Bank raised $226 million from an accelerated bookbuild via bookrunners Calyon, Goldman Sachs and Morgan Stanley. Morgan Stanley moved up a notch in the ranking to fifth place,...