When it comes to Asia’s equity capital markets, Morgan Stanley is a dominating force. Just take the numbers. In 2024, it was top of the Asia Pacific ex-China A-share ECM league table by bookrunner volume and revenues, and also topped the Apac ex-Japan league table on both metrics, Dealogic shows.
That leadership meant the US bank was involved in many of the region’s key ECM deals last year.
This included the roughly $3.3
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