Asian companies raised more than $83 billion in July through IPOs (initial public offerings), private placements (share sales to selected investors), and block trades (large share sales), marking the highest monthly total on Bloomberg data. South Korean chipmaker SK Hynix accounted for the largest financing project, raising $26.5 billion through its U.S. listing. Activity stayed strong in August as the Indian government sold shares in state-owned insurer LIC and raised $3.3 billion. Cathy Zhang, head of Morgan Stanley's Asia-Pacific ECM (equity capital markets), said the bank remains optimistic about capital markets in the second half of the year, particularly in Hong Kong, mainland China, and Taiwan, and expects multiple transactions above $1 billion in consumer internet, industrial technology, and AI-related sectors.