Equity Capital Markets
Volumes in the equity capital markets reached $7.5 billion this week from 31 issues driven by Goldman Sachs’s sale of a stake in Industrial and Commercial Bank of China ICBC, which raised $2.2 billion and was the largest deal of the week. Goldman Sachs continues to head the league table ranking on $14.4 billion, with China International Capital Corp CICC and Morgan Stanley rounding out the top three on $11.2 billion and $11.1 billion respectively.
Regional issuance in the first nine months of the year has reached $184.3 billion up 80% year-on-year and the highest first-nine-month level on record.
Billion Express Investments, a unit wholly-owned by China Unicom, also raised $1.8...
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