dcsimg

Asia

Bonds

  • Indo bonds return but boom to be short-lived

    Indonesian credits are back on the radar for investors following a quick succession of deals in September that came on the back of a $1.5bn sovereign sukuk. But despite the recent pick-up in activity, further corporate issuance for the rest of the year is expected to be tame, write Rev Hui and Isabella Zhong.

    • 18 Sep 2014

Equities

  • Open Sesame! Alibaba IPO smashes listing records

    Alibaba Group’s mega IPO was always going to be a game changing deal. Nearly one year in the making, the $21.8bn listing has broken multiple records and put Chinese companies in the limelight. With its shares due to start trading on Friday, how the deal performs in secondary will affect equity markets far and wide, writes Rashmi Kumar.

    • 18 Sep 2014

Loans

  • Indian firms to see further fall in pricing as lenders rush in

    This year has been an exceptional one for Indian borrowers in the loan market, with low margins, a favourable regulatory environment and a post-election boost delivering a jump in volumes. Bankers expect pricing to remain low, with lenders from Europe, the Middle East and Japan eager to accommodate more Indian names amid low primary deal flow, writes Shruti Chaturvedi.

    • 18 Sep 2014

People News

RMB

  • Singapore adds RMB FX futures, BOC to be first market maker

    The Singapore Exchange (SGX) said on September 19 that it was introducing FX futures contracts for Chinese onshore and offshore renminbi, Japanese Yen and Thai Baht, starting from October 20. The exchange also said Bank of China (BOC) would be the first market maker for its RMB futures and SGX’s first Chinese settlement bank for its derivatives market.

    • 19 Sep 2014

Comment

  • India is right not to rush

    The Indian ECM market is set for a busy few months with a pipeline of government-led divestments teed up to hit investors soon, and the country in danger of meeting its target for once. But while some argue the government is not moving fast enough to reduce its fiscal deficit, slow and steady will prove to be the best strategy.

    • 16 Sep 2014
  • Islamic accounts should look past Pakistan’s politics

    Islamic investors should not allow political turmoil to derail Pakistan’s plan to return to the sukuk market.

    • 09 Sep 2014
  • India's Basel III U-turn: wrong decision, wrong reason

    India broke with its traditional instincts last week by scrapping a restriction on retail investors buying Basel III bonds. Not only is the U-turn in attitude towards retail protection startling given the country's past attitude to that investor base, but it could also be reckless.

    • 08 Sep 2014
more comment

More from Asia

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Sep 2014
1 Goldman Sachs 12,282.40 63 7.85%
2 UBS 10,225.55 91 6.54%
3 Morgan Stanley 7,670.02 63 4.91%
4 Citi 7,661.56 48 4.90%
5 Credit Suisse 7,003.12 70 4.48%

Bookrunners of Asia (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Sep 2014
1 Citi 21,161.41 108 10.20%
2 HSBC 20,462.21 130 9.86%
3 JPMorgan 17,419.15 91 8.40%
4 Bank of America Merrill Lynch 14,476.36 82 6.98%
5 Deutsche Bank 13,371.54 72 6.44%

Asian polls & awards

  • Asiamoney reveals region's outstanding banks in Fixed Income Poll

    Two banks dominated the three main categories of our latest and largest survey of Asia's credit, interest rate and commodities sectors.

  • Asiamoney Best Domestic Bank Awards 2014: Vietnam

    Every year we choose which are the standout financial institutions in each major Asian market. In Vietnam, Military Bank rises above a lacklustre field of competition for best getting a handle of its costs and bad debts.

  • Asiamoney Best Domestic Bank Awards 2014: Taiwan

    Each year we choose the leading bank, equity brokerage and debt house across every major market in Asia. In Taiwan, E.Sun Financial Holding shines for its efforts in building non interest income, while Yuanta fends off tough competition to lead in equity and bonds.

  • Asiamoney Best Domestic Bank Awards 2014: Thailand

    Each year we choose the leading bank, equity brokerage and debt house across every major market in Asia. In Thailand, Siam Commercial Bank beats arch-rival Kasikornbank to be named top lender, while Phatra Securities remains top for equities in tough conditions and Bangkok Bank stands tallest for bonds.

  • Asiamoney Best Domestic Bank Awards 2014: South Korea

    Each year we choose the leading bank, equity brokerage and debt house in each major market in Asia. In South Korea Shinhan Bank continues to shine for its credit risk management and diversification, while Woori Investment & Securities shines in equities and KB Financial Group proves strongest in debt.