Equity Capital Markets
The equity capital markets raised $436 million this week, with the deal flow falling to 14 issues from a total of 45 deals last week. Morgan Stanley continues to top the league table ranking on $10.6 billion, followed by J.P. Morgan on $9.3 billion and UBS with $8.9 billion.
The largest issues of the week were A-share IPOs -- a $167 million IPO for Shenzhen MYS Environmental Protection Technology via bookrunner Guosen Securities and a $77 million fund-raising for Xinjiang West-Construction led by Orient Securities.
Outside of China, the biggest deal of the week was a $65 million follow-on offering for Brilliant Arts Multi-Media Holdings. Calyon was the sole bookrunner...