Equity capital markets
Asian equity markets have raised a total of $1.4 billion through 24 deals so far this week, almost half the $2.8 billion raised in the same period last week.
The largest deal to complete this week was a $235 million follow-on for Citic Telecom through bookrunners Citic Securities, Standard Chartered, DBS, Deutsche Bank and UBS. Chinese issuers led issuance this week with $615 million raised through six transactions and brings total Chinese ECM volume to $40.4 billion in 2013 year-to-date up 16% compared to the same period last year.
Another notable deal to complete this week was...