<\/p>\n
Estimated advisory fees due to M&As rose 42% to $706.5m in the first quarter of 2025.<\/p>\n
An estimated $5b of investment banking fees were generated in APAC excluding Japan in Q1 2025, 8% year-on-year (YoY) higher, according to data from the London Stock Exchange Group (LSEG) Deals Intelligence.<\/p>\n
Fees from the region accounted for 18% of the total fees earned globally, whilst IB fees in the Americas and Europe accounted for 55% and 22%, respectively.<\/p>\n
Equity capital markets underwriting fees rose 8% YoY to $786.7m, the highest first quarter fee total since 2023.<\/p>\n
Debt capital markets fees saw a 9% growth from a year earlier to $3.2b; syndicated lending fees dropped 34% to $322.9m.<\/p>\n
Estimated advisory fees earned in APAC ex. Japan from completed mergers & acquisitions (M&A) transactions reached $706.5m\u2014a 42% rise compared to Q1 2024.<\/p>\n
Amongst financial institutions, CITIC amassed the most overall investment banking fees in APAC ex. Japan, with a total of $262.5m in fees. This accounted for 5.3% of the wallet share of the total APAC IB fee pool, LSEG Deals Intelligence said.<\/p>\n
M&A related deal making activity in the region totalled $220.9b in Q1, a 68.3% increase and the strongest annual start since 2022, LSEG said.<\/p>\n
The growth in deal value was driven by megadeals, however, as the total number of deals fell by 10.2% YoY in Q1.<\/p>\n
At least six mega deals involving Asia Pacific were announced in the first quarter of 2025, with an aggregate value of US$97.4b. This marks the highest total for mega deals ever recorded in a first quarter. \u00a0<\/span><\/p>\n Meanwhile, equity and equity-related offerings raised a total of US$43.2b in the first quarter of 2025, up 17.9% YoY, making it the highest first quarter total since 2023.<\/p>\n China accounted for 60.5% of the ECM proceeds, raising US$26.1b\u2013 a three-fold increase compared to a year ago.<\/p>\n India and Australia followed with 15.1% and 9.8% market share, respectively, according to LSEG data.<\/p>\n Initial public offerings (IPO) totaled US$8.7b, 23.2% higher from a year ago, despite a 4% decline in number of IPOs.<\/p>\n Follow-on offerings raised US$26.9b, down 3.1% from last year, alongside a 13.3% drop in number of follow-ons.<\/p>\n Meanwhile, convertibles surged, generating US$7.5b with number of convertible offerings soaring by 192.3%.<\/p>\n Goldman Sachs took the lead in APAC\u2019s ECM underwriting rankings with 12.3% market share and US$5.3b in proceeds.\u00a0<\/span><\/p>\n Primary bond offerings from APAC-domiciled issuers raised US$1.2b in bond proceeds during the quarter, 22.6% higher than in Q1 2024. It also surpassed the record start set in 2022, LSEG said.<\/p>\n The number of bonds also grew 5.5% YoY. This marked the busiest-ever first quarter period since records began in 1980, according to LSEG.<\/p>\n China accounted for 78.2% of Asia Pacific bond proceeds worth US$937.2b, up 22.8% from a year ago.<\/p>\n South Korea followed with 6.5% market share as bond proceeds fell 2.9% YoY to US$78.1b.<\/p>\n Australia rounded out the top three and accounted for 5.2% market share as proceeds reached US$62.3b, up 25.3% YoY.<\/p>\n CITIC led the Asia Pacific-issued bonds underwriting, representing 5.7% market share with related proceeds of US$68.8 billion.<\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Estimated advisory fees due to M&As rose 42% to $706.5m in the first quarter of 2025. An estimated $5b of investment banking fees were generated in APAC excluding Japan in Q1 2025, 8% year-on-year (YoY) higher, according to data from the London Stock Exchange Group (LSEG) Deals Intelligence. Fees from the region accounted for 18% […]<\/p>\n","protected":false},"author":1,"featured_media":3706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/04\/CITIC-Bank-77-1023x445.jpg",1023,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/04\/CITIC-Bank-77-463x348.jpg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/04\/CITIC-Bank-77-300x225.jpg",300,225,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/04\/CITIC-Bank-77.jpg",1023,767,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=3705"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3705\/revisions"}],"predecessor-version":[{"id":3707,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3705\/revisions\/3707"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/3706"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=3705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=3705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=3705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}