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  • April 17 2014

Asia

Bonds

  • BoCom feels the effect of cautious investors

    Bank of Communications Financial Leasing has raised $500m with a new five year but was forced to offer a 10bp-15bp new issue premium to compete with the recent heavy Chinese bank supply and to tempt investors after the recent sell-offs.

    • 17 Apr 2014

Equities

  • Tech stocks not trending as Weibo prices $286m IPO at the bottom

    A turbulent market backdrop prompted by a valuation correction in the technology sector made life very difficult for Weibo Corporation as it was forced to cut the size of its IPO by 16% before pricing the $286m transaction at the bottom of guidance on April 16.

    • 17 Apr 2014

Loans

People News

RMB

  • ICBC raises Rmb2.5bn as Guosen debuts dim sum

    Industrial and Commercial Bank of China priced a Rmb2.5bn ($405m) dual tranche bond on Tuesday night, with investors showing a strong preference for the two year tranche over the five year.

    • 16 Apr 2014

Comment

  • Now’s the time for Bangladesh to get the best bang for its buck

    Bond investors seem desperate to get their hands on anything other than Chinese property and frontier market sovereigns are stepping up to the plate. Recent and lauded sovereign bonds from Sri Lanka and Pakistan have provided much needed diversification and appetite for frontier credits continues to be rife. Bangladesh has been waiting in the wings and now is the perfect time for it to take the plunge.

    • 15 Apr 2014
  • Pakistan should put Islamic back in its curve

    The Islamic Republic of Pakistan, rated B- / CAA1, will consider it a great result if it can re-establish a five- and 10-year international bond curve this week – following a seven year hiatus – by pricing close to higher-rated Zambia. But for a country with Islamic in its name, with a growing Islamic banking industry and with Islamic finance globally gathering momentum, it would be an oversight if it does not also re-establish a sukuk curve, and soon.

    • 08 Apr 2014
  • India's Basel III leniency comes at a cost

    India's cash-strapped state-owned banks breathed a sigh of relief last month when the country's central bank pushed back its rollout of Basel III by a year. But the move fails to reward the better functioning private sector banks and takes India a step further away from a more efficient financial system.

    • 08 Apr 2014
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More from Asia



Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
1 Goldman Sachs 4,372.99 22 7.64%
2 Credit Suisse 2,917.52 32 5.10%
3 China Securities Co Ltd 2,894.31 9 5.06%
4 UBS 2,692.62 33 4.70%
5 Guosen Securities Co Ltd 2,486.66 12 4.34%

Bookrunners of Asia (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
1 Citi 10,668.27 55 12.09%
2 HSBC 8,823.27 54 10.00%
3 JPMorgan 6,887.25 34 7.81%
4 Deutsche Bank 6,286.49 30 7.13%
5 Bank of America Merrill Lynch 6,009.61 34 6.81%

Asian polls & awards

  • Japan’s top transactions of 2013

    The country enjoyed some impressive transactions on the back of a resurgent equity market and companies conducting acquisitions, especially SoftBank. ASIAMONEY reveals the top deals of 2013. By Peter McGill.

  • Japan's foremost financial advisers

    Several banks impressed in 2013, during a year of renewed capital markets activity. ASIAMONEY reveals which banks stood tallest. By Peter McGill.

  • The world’s Islamic finance innovators

    The Islamic finance industry continues to grow quickly, in terms of both assets and users. Yet within this fast-growing sector a number of banks tend to stand out for the quality of their services. ASIAMONEY picks the stand-out Islamic banks in Asia and the Middle East for the past year. By Chris Wright.

  • ASIAMONEY Country Deals of the Year: Thailand

    Each year ASIAMONEY chooses the standout capital markets transaction from each major country in ex-Japan Asia. In Thailand BTS makes several records with the initial public offering of an infrastructure fund based upon the revenues of the Bangkok SkyTrain.

  • ASIAMONEY Country Deals of the Year 2013: Taiwan

    Each year ASIAMONEY chooses the standout transaction from each major market across Asia ex-Japan. In 2013, Taiwan's semiconductor manufacturing giant conducted a debut foray into the bond market for funding to great acclaim.