Equity capital markets
The equity capital markets raised a total of $2.3 billion this week from 20 issues. The top three league table rankings remain unchanged with UBS, Goldman Sachs and Bank of China leading the field on $6.1 billion, $5.5 billion and $5.4 billion respectively.
A $337 million A-share IPO for Zhejiang Runtu was the largest deal of the week. It was led by Haitong Securities, which moved up a notch in the rankings to sixth place with $3.4 billion.
Citic Securities also moved up a rung to fourth, with $4.8 billion worth of deal credits, on the back of Zhongyeda Electric's $169 million A-share IPO that the domestic house ran on a...