Equity capital markets
A total of $3.3 billion was raised from the equity capital markets this week through 23 issues, up 14% from the $2.9 billion raised during the week before, which makes it the third biggest week so far this year.
The biggest deal of the week was a $1.4 billion follow-on for CSR Corp through China International Capital Corp, Goldman Sachs, Guohai Securities and UBS. The deal is also the fourth-largest ECM transaction in Asia ex-Japan this year.
Inner Mongolia MengDin HuaNeng Thermal Power’s $737 million follow-on through China Merchants Bank and China Huaneng Group was the second-biggest deal of...