Hong Kong and India Drive Banner Year for Equity Capital Markets

Bankers in Asia are readying for the final stretch of a standout year for deals in equity capital markets, led by two powerhouses: Hong Kong and India.

Hong Kong has benefited from Chinese companies rushing to raise money to fund their expansion, tapping renewed investor appetite for the world’s second-largest economy. Highlights include Zijin Gold International Co.’s $3.2 billion initial public offering, which has drawn the likes of BlackRock Inc., Fidelity International Ltd. and Singapore sovereign-wealth fund GIC Pte.