Equity Capital Markets
A total of $2.8 billion from 21 deals has been raised in the equity capital markets so far this week, with year-to-date issuance standing at $125.7 billion, down 8% from the same period last year.
Bank of Chongqing’s $548 million IPO via bookrunners Goldman Sachs, Morgan Stanley, Bank of Communications, China International Capital Corp, Agricultural Bank of China and China Construction Bank Corp was the largest deal of the week and the first IPO from a Chinese commercial bank since Chongqing Rural Commercial Bank raised $1.7 billion in December 2010.
ECM volume for the month of October totaled $14.2 billion, the highest...
