League table round-up.

This article presents an update on the performance of the capital markets in Asia excluding Japan as of July 2005. Equity capital markets led the charge with US$10.4 billion raised in June, by far the largest volumes of the year that measured some 31% more than the previous high of US$8 billion recorded in March. Furthermore, this was more than 42% higher than the US$7.3 billion worth of offerings completed in June 2004. The total volume is still lagging behind the 2004 numbers with just US$34.5 billion at the halfway stage of 2005--21% lower than the US$43.7 billion for the first six months of last year. The month of June saw the largest amount of issuance with US$5.1 billion from 14 trades--amounting to US$1 billion more than the US$4.1 billion printed in June 2004. The Chinese equity market exploded into life this month, with three bumper transactions hitting the market for a shade over US$6 billion.