Equity capital markets
Activity in the region’s equity capital markets has reached $2.4 billion through 16 deals so far this week, down from the $4 billion completed through 20 deals during the same period last week.
A $777 million follow-on for Beiqi Foton Moto through bookrunners China Securities, Chinalion Securities and UBS was the biggest ECM transaction of the week and represents the largest ECM transaction in the autotruck sector in the region so far this year. Xinjian Qingsong Building Materials Chemicals Group also completed a $452 million follow-on through Sinolink Securities in what was the second-biggest transaction this week.
Goldman Sachs continues to...