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Asia

  

Bonds

Equities

  • IReit extends bookbuilding until Friday for S$372m IPO

    IReit Global, which opened books for a S$372m ($299m) Singapore IPO on July 17, is now extending the bookbuilding phase until Friday, August 1, after a new strategic investor jumped on board for almost 20% of the real estate trust.

    • 10:45 AM

Loans

  • Fubon Bank China eyes Taiwanese lenders for $200m debut

    Fubon Bank China is in the market with a $200m three year loan for which it is hoping to attract Taiwanese lenders. The borrower has picked Bank of Taiwan as the bookrunner and mandated lead arranger for the offering.

    • 08:30 AM

People & Markets News

  • Moody's upgrades Vietnam to B1

    Moody’s upgraded Vietnam’s sovereign rating by one notch from B2 to B1 on Tuesday. The upgrade was driven by the country’s stabilising economy and strengthening balance of payments, as well as an easing of contingent risks in its banking system. The outlook is stable.

    • 11:15 AM

RMB

  • ICBC unveils dual trancher for Sydney CNH debut

    ICBC opened books for the first syndicated offshore renminbi bond to be issued by its Sydney branch on Tuesday. It comes as Beijing looks to designate an official RMB clearing bank for Australia’s largest city by the end of this year.

    • 09:30 AM

Comment

  • 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
  • Use with caution: SBLCs a help, not a cure, for CB jeebies

    Bankers have begun using standby letters of credit (SBLCs) to price convertible bonds coming from sectors that might otherwise make investors a bit jittery. The tactic works when used responsibly, but bankers need to avoid it for companies that have no business being in the capital markets.

    • 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
  • 23 Jul 2014
1 Goldman Sachs 10,084.76 55 8.07%
2 UBS 7,741.36 72 6.20%
3 Citi 6,262.01 37 5.01%
4 Morgan Stanley 5,742.05 51 4.60%
5 Credit Suisse 5,215.40 58 4.18%

Bookrunners of Asia (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 Jul 2014
1 Citi 19,772.25 99 0.00%
2 HSBC 17,265.62 107 0.00%
3 JPMorgan 15,826.06 78 0.00%
4 Bank of America Merrill Lynch 12,398.56 71 0.00%
5 Deutsche Bank 11,933.95 59 0.00%

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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