Equity Capital Markets
The equity capital markets saw issuance spike to $8.6 billion this week on the back of IPOs for Metallurgical Corp of China and SinoPharm Group. The deals pushed regional volume for the year to date to $86.5 billion -- up 11% year-on-year.
China International Capital Corp CICC remains at the head of the league table ranking on $8.52 billion, only just ahead of Morgan Stanley on $8.47 billion, with UBS rounding out the top three on $7.3 billion.
Metallurgical Corp of China's $5.1 billion A- and H share IPO was the biggest issue of the week -- and is the second biggest listing globally...