Bonds

  • Woori pushes AT1 across line as investor demand muted

    South Korea’s Woori Bank printed a $500m Basel III additional tier one on Tuesday off the back of a modest $850m order book. The notes struggled a little in secondary the following day before rebounding on Thursday, putting the focus on the transaction’s pricing and timing, writes Addison Gong.

    • 22 Sep 2016

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Equities

  • Korean ECM heads for six year high with chunky IPOs

    South Korea’s IPO market is on track for a surge of issuance, as Doosan Bobcat and Samsung BioLogics prepare to list in the fourth quarter. Mid-caps are also lining up to float, giving a fillip to the country’s equity capital markets. Jonathan Breen reports.

    • 22 Sep 2016

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Loans

  • India gives a GIFT to banks with first hub for overseas lending

    Banks are queueing to set up shop in an international financial services hub in India — the first of its kind in the country. Institutions operating there enjoy certain regulatory exemptions, which are expected to give a leg-up to domestic lenders looking to build a foreign currency loan book. Shruti Chaturvedi reports.

    • 22 Sep 2016

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People & Markets

  • Push on blockchain as market faces big inefficiency dangers

    Blockchain came sharply into focus this week for the derivatives market, as industry bodies warned on both the need for such technology and to regulate its use. Meanwhile, firms rolled out a range of new initiatives to address the market’s mounting challenges around margin and settlements.

    • 22 Sep 2016

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RMB

  • China Merchants Port files for Panda

    Hong Kong-listed China Merchants Port Holdings is planning to venture into the onshore debt market, having filed for an up to Rmb10bn ($1.5bn) Panda bond programme.

    • 23 Sep 2016

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Comment

  • Wake up and smell the fintech

    Hong Kong and China-based fintech lender WeLab could be a sign of things to come in the Asian syndicated loans market as the start-up seeks out its debut borrowing. Some banks will no doubt cast off the industry as a fad and give it a miss. But now is as good a time as any to take a fresh look at fintech.

    • 20 Sep 2016
  • Wrong approach on Japan derivs, but right result

    The US Commodity Trading Futures Commission's split over whether to accept Japan's uncleared margin rules as equivalent to the US was not an ideal outcome. But the decision, however contentious, is a pragmatic step which will motivate further convergence between regulatory regimes.

    • 13 Sep 2016
  • Indian AT1s: not at any price

    The prospect of the first international bank capital trade from India is closer with State Bank of India on the road this week for a dollar-denominated additional tier one. While it has picked a good window, it needs to get the pricing right or risk derailing the rest of the market.

    • 13 Sep 2016

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More from Asia

Panda Bonds Top Arrangers

Rank Arranger Total Volume Rmb (m) No. of Deals Share % by Volume
1 Bank of China (BOC) 5,500 4 18.52
2 Agricultural Bank of China (ABC) 4,000 2 13.47
2 Everbright Securities 4,000 1 13.47
4 CITIC Securities 2,500 1 8.42
5 China Securities 2,350 2 7.91

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Sep 2016
1 CITIC Securities 13,750.33 48 7.27%
2 Morgan Stanley 11,097.55 45 5.87%
3 GF Securities Co Ltd 10,656.63 37 5.64%
4 Deutsche Bank 8,195.26 30 4.33%
5 Guotai Junan Securities Co Ltd 7,302.90 51 3.86%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Sep 2016
1 HSBC 20,571.52 127 9.22%
2 Citi 20,027.05 104 8.97%
3 Bank of America Merrill Lynch 18,600.74 89 8.33%
4 JPMorgan 16,712.98 95 7.49%
5 Goldman Sachs 8,935.31 37 4.00%

Asian polls & awards

  • Sustainable and Responsible Capital Markets Awards 2016: the Winners

    GlobalCapital announces the results of its first full scale, standalone set of Sustainable and Responsible Capital Markets Awards.

  • EFG Bank wins in Asiamoney’s Private Banking Poll 2016

    It was a clean sweep for EFG Bank in Asiamoney’s Private Banking Poll, cementing a strong run that has seen in dominate in multiple categories over the past three years. Shruti Chaturvedi reports.

  • HSBC gets six of the best in Asiamoney’s Cash Management Poll

    HSBC swept the Asiamoney Cash Management Poll in 2016, topping all six regional voting categories, across financial institutions and corporates. Deutsche Bank and Citi also had an impressive showing, as cash management bankers strive to turn the challenges arising from increased regulation and macro-economic volatility into an opportunity to provide more intuitive services and advice.

  • Cash Management Poll: Treasurers have their say

    This year our Cash Management Poll surveyed participants on some of the key topics impacting the industry. Around 3,000 responses were received from corporates and financial institutions with those polled giving their views on tax breaks, non-bank financial companies and the renminbi.

  • Asia’s best banks stand out

    The period under review has proved one of the most trying for the region’s financial institutions as global problems combine with financial stresses in domestic markets. Amid this turmoil, the best banks have once again proved their ability to outperform. We present Asia's Best Domestic Banks.