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April 10, 2026
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Morgan Stanley led equity capital markets book-running in the first quarter. Photo: AP Photo

    Citic tops Asia-Pacific banking fees as mainland China and Hong Kong IPOs surge

    1 day ago02 mins

    Investment banking fees across Asia-Pacific excluding Japan reached US$5.3 billion in the first quarter of 2026, with China’s Citic Securities ranking as the region’s top earner. The total in the first three months fell 5 per cent from a year earlier, as growth in equity capital markets underwriting was offset by weaker debt capital market…

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