In China, Morgan Stanley and Goldman Sachs pulled ahead of the pack advising companies raising equity offshore, a booming market involving $135 billion of deals in 2020. Such clout may be hard to sustain, writes JennHughes13
Goldman Sachs and Morgan Stanley have advised on about one-third of all the equity sold offshore by Chinese companies in 2021, according to Dealogic data analysed by
Breakingviews. From 2017 to 2019, the figure was about a quarter.A flag bearing the logo of the Hong Kong Exchanges and Clearing Limited flies in Hong Kong, China January 24, 2018.
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