The equity capital markets continued at an even pace this week with $384 million raised from 10 issues. The top three positions in the league table rankings remain static with Goldman Sachs sitting firmly in first place with $8.4 billion from 23 deals, followed by UBS and Citigroup.
The $113 million IPO for ChinaÆs New Oriental Education Technology Group was the largest issue of the week and was led by Credit Suisse and Goldman Sachs. JPMorgan ousted Morgan Stanley from fourth place on the back of China Sun Bio-chem Technology GroupÆs $100 million convertible, running the books on a sole basis.
China Merchants BankÆs $2.6 billion follow-on is scheduled to price...