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Asia

  

Bonds

  • ANZ plunges into Kiwi market as rising rates draw buyers

    More issuers are expected to tap the New Zealand dollar market soon, following a Eurobond from ANZ on Monday. Syndicate bankers away from the deal predict that issuers will look to take advantage of growing investor interest in the high yielding currency.

    • 06:00 PM

Equities

  • Qihoo 360 serves up a storm with $900m dual-tranche CB

    Internet security provider Qihoo 360 Technology shook the market this week by launching the largest convertible bond from an Asian ex-Japan issuer in four years. The $900m size is eyecatching enough, but the offering has also been structured as a dual trancher, which is rare among issuers in the region, writes Rev Hui.

    • 01:30 PM

Loans

People News

RMB

  • Total Derivatives: CNY curve correction seen continuing

    CNY swaps were better bid on Thursday on the back of a strong US GDP print overnight. The 1s/5s curve slope has steepened as actions by the People's Bank of China (PBoC) have limited the rise in short rates and the curve correction is expected to continue, writes Deirdre Yeung of Total Derivatives.

    • 09:15 AM

Comment

  • South Korean issuers should rise to the IPO bait

    South Korea’s Cuckoo Electronics priced a blockbuster W255bn ($248m) IPO this week that saw the institutional tranche close to 600 times covered. But others looking to emulate it need to act sooner rather than later. With Samsung Group set to raise large amounts of equity later this year, they risk losing out.

    • 29 Jul 2014
  • Xiaomi may have bitten off more than it can chew

    Xiaomi’s $1bn financing has become a talking point among bankers. The Chinese mobile phone company has ambitious plans for expansion but there is concern in some quarters over how it has chosen to execute its debut. The company should brace itself for an uphill climb. Closing this deal isn’t going to be easy.

    • 22 Jul 2014
  • Don’t laugh at de-dollarisation talk

    Recent comments about the de-dollarisation of financial markets and the wider adoption of the renminbi by countries like Russia have been met with incredulity in some quarters. But while the dollar will retain its reserve currency status for many years to come, the fact such talk exists shows how far the RMB has come in a very short time.

    • 15 Jul 2014
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More from Asia

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Jul 2014
1 Goldman Sachs 10,937.10 59 8.31%
2 UBS 8,543.90 76 6.49%
3 Morgan Stanley 6,821.55 53 5.18%
4 Citi 6,273.41 37 4.77%
5 Credit Suisse 5,588.50 59 4.25%

Bookrunners of Asia (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Jul 2014
1 Citi 20,057.25 101 10.99%
2 HSBC 18,090.98 113 9.92%
3 JPMorgan 16,458.56 82 9.02%
4 Bank of America Merrill Lynch 12,523.56 72 6.86%
5 Deutsche Bank 12,476.13 63 6.84%

Asian polls & awards

  • Asiamoney Best Domestic Bank Awards 2014: Pakistan

    Each year we aware the standout local bank, equity brokerage and debt house in each major Asian country. In Pakistan Habib Bank Ltd's focus on technology and branch upgrades leave it in good stead, KASB Securities stands above burgeoning equity broking rivals, and JS Global's tested strengths keep it top for bonds.

  • Asiamoney Best Domestic Bank Awards 2014: Malaysia

    Every year we choose the outstanding bank, equity brokerage and debt house from each major Asia country. In Malaysia, Public Bank's stability and profitability underpin its credentials, while CIMB dominates capital market activity.

  • Asiamoney Best Domestic Bank Awards 2014: Indonesia

    Each year we choose the leading bank, equity brokerage and debt house in each major country in Asia. In Indonesia, Bank Rakyat Indonesia stands out for its stability and microfinancing, while Mandiri Sekuritas leads for equity and bond services.

  • Asiamoney Best Domestic Bank Awards 2014: Japan

    Each year we choose the best bank, equity brokerage and debt house in every major Asian country. In Japan Seven Bank's vibrant ATM business stands out, Nomura remains uncontested for equity coverage and Mizuho's debt business stays strong.

  • Asiamoney Best Domestic Bank Awards 2014: Hong Kong

    Every year Asiamoney reveals which bank, equity brokerage and debt house stands as the most impressive in each major Asian market. In Hong Kong, HSBC rises above all rivals for banking, equities and bonds.

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