Best for equities in China: Huatai United Securities

Huatai United Securities’ equity capital markets credentials are top notch, making it Euromoney’s best securities house for equities this year. In the onshore A-share market, Huatai ranked third among ECM bookrunners during the awards period, with league table credits of $7.8 billion and 51 deals, Dealogic data shows.

Huatai United Securities’ equity capital markets credentials are top notch, making it Euromoney’s best securities house for equities this year. In the onshore A-share market, Huatai ranked third among ECM bookrunners during the awards period, with league table credits of $7.8 billion and 51 deals, Dealogic data shows.

But it’s not just an onshore story for Huatai. The investment bank also maintained a significant edge in the global depositary receipts (GDR) market, running GDR deals for the likes of Zhejiang Huayou Cobalt (at $583 million, the largest GDR deal in 2023), Supcon Technology ($565 million) and Yangzhou Yangjie Electronic Technology ($215 million), among others.

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