While more than three years old, this story heralded a potential shift in the Asia primary equity markets with a new firm rising to the top of the rankings. It is interesting not only as a review of the market at the time, but because we are seeing much the same fight for dominance right now, only this time it is UBS that is the incumbent and Goldman that is coming from behind to try and reclaim the number one position.
With six weeks left to Christmas it is already clear that 2006 will be a record year for equity issuance in Asia ex-Japan. As of yesterday, Dealogic counts $95.8 billion worth of deals already...