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 sole basis.
Citi climbed into the top 10 with $2.8 billion following a $211 million follow-on offering for Yes Bank.
Issues scheduled to price next week include Guotai Junan International's $251 million IPO led by Guotai Junan Securities, HSBC, ICBC and UBS.
Debt Capital Markets
The debt capital markets also saw an increase of issuance this week, with five deals totalling $1.9 billion. Deutsche Bank maintains its position at the top of the league table rankings with $3.9 billion, followed by Barclays Capital on $3.2 billion and HSBC on $3.1 billion.
Export-Import Bank of Korea's (Kexim) $1.3 billion trade was the largest deal of the week and led by Bank of America Merrill Lynch, BNP Paribas, Citi, Deutsche Bank and Royal Bank of Scotland. Citi climbed up a notch in the league table to take fifth place with $2.9 billion, and Bank of America Merrill Lynch moved up to seventh place on $2.1 billion.
HSBC advanced a rung on the back of Citic Bank International's $500 million bond, which it led together with Barclays Capital.