Chinese banks woo foreign participants for OBOR projects

Syndicated loan activity in Asia ex-Japan may have slumped this year, but the slowdown is not all bad. The numbers show a return to normalcy in the region following an unusually stellar year of business in 2016, according to speakers at a loan market conference last week.

  • By Shruti Chaturvedi
  • 12 Sep 2017

Market watchers at the Asia Pacific Loan Market Association’s conference in Shanghai in China had plenty on their minds, including the sharp reduction in outbound M&A by privately-owned Chinese companies after the authorities imposed capital controls at the end of last year.

China outbound M&A recorded a 43% year-on-year ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.15
2 CITIC Securities 21.52
3 China CITIC Bank Corp 9.93
4 China Merchants Bank Co 9.38
5 Industrial and Commercial Bank of China (ICBC) 7.73

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 13,827.70 78 5.91%
2 UBS 13,644.76 81 5.84%
3 Goldman Sachs 10,607.81 53 4.54%
4 Morgan Stanley 10,186.93 54 4.36%
5 China Securities Co Ltd 9,861.82 46 4.22%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
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1 HSBC 31,937.38 214 8.21%
2 Citi 30,315.32 183 7.79%
3 JPMorgan 23,972.21 138 6.16%
4 Bank of America Merrill Lynch 20,455.99 106 5.26%
5 Standard Chartered Bank 16,084.80 122 4.13%

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