Hong Kong Group To Write Equity Calls

  • 26 Mar 2001
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Asia Financial Holdings, a Hong Kong-based financial holding company with HKD14.25 billion (USD1.8 billion) in assets, plans to start writing covered equity calls in the coming months to generate premium. James Lee, investment analyst, said the company will initially look at using exchange-traded instruments but will consider using over-the-counter derivatives if pricing and liquidity are competitive. Lee believes the strategy will be profitable because upside potential in the U.S. equity market is limited in the near term. The company is talking to Morgan Stanley Dean Witter and Goldman Sachs as potential counterparties. Spokespersons at the securities firms did not return calls.

Lee continued that Asia Financial Holdings expects to sell calls primarily on U.S. equities in typical notional sizes of USD1 million to USD5 million. He added that typical maturities would probably be no longer than two months. Asia Financial Holdings has a banking, insurance, and investment division and has an investment portfolio totaling HKD1.1 billion (USD141 million).

  • 26 Mar 2001

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Mar 2017
1 JPMorgan 94,925.33 384 8.39%
2 Citi 87,531.58 331 7.74%
3 Bank of America Merrill Lynch 84,341.49 288 7.46%
4 Barclays 75,288.19 241 6.66%
5 Goldman Sachs 68,504.71 208 6.06%

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Rank Lead Manager Amount $m No of issues Share %
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  • 14 Mar 2017
1 Bank of America Merrill Lynch 10,650.87 23 11.13%
2 Deutsche Bank 8,169.49 17 8.53%
3 HSBC 6,243.46 23 6.52%
4 Citi 4,355.35 13 4.55%
5 SG Corporate & Investment Banking 4,273.37 17 4.46%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 JPMorgan 5,440.56 17 10.74%
2 Deutsche Bank 4,468.97 23 8.82%
3 UBS 3,742.72 17 7.39%
4 Citi 3,393.89 23 6.70%
5 Goldman Sachs 3,360.93 18 6.63%