LONDON/HONG KONG: Global equity capital markets returned with a vengeance in 2014 as bankers, investors and companies led a charge that culminated spectacularly in Alibaba, the biggest share listing ever.
Worldwide equity capital market (ECM) deals, from flotations to rights issues, totalled US$678.1bil in the first nine months of 2014, a quarter more than the same period of 2013 and the highest since 2007, according to Thomson Reuters data.
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