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Asia

Bonds

  • ANZ cost-saving CNH B3 bond to inspire non-Chinese FIGs to follow suit

    Australia and New Zealand Bank priced the first offshore renminbi-denominated Basel III bond from a non-Chinese bank on January 21. Not only did the Australian borrower achieve the size and pricing levels it was aiming for, but it also proved that funding in CNH can be cheaper than dollars, potentially triggering more non-Chinese lenders to follow suit, writes Narae Kim.

    • 22 Jan 2015

Equities

  • Thailand set to blaze IPO trail in southeast Asia

    Thailand is shaping up to be one of southeast Asia’s busiest destinations for IPOs this year, with the pipeline of deals of above $100m building faster than in any of the country's peers in the region. A lot of the kudos for this goes to Thailand's Securities and Exchange Commission (SEC), which is actively working towards boosting the equity capital market by expediting the listing process for issuers, writes John Loh.

    • 22 Jan 2015

Loans

  • CNS returns for refi after acquisition flop

    Taiwanese cable television operator China Network Systems (CNS) is in the market with a NT$46.742bn ($1.53bn) seven year multi-tranche loan. CNS’s sponsor MBK had originally picked Taiwan’s Wei family to acquire the company in August last year but subsequent scandals surrounding the buyer prevented the deal from going through.

    • 22 Jan 2015

People News

RMB

  • RMB round-up: January 23, 2015

    In this round-up, Société Générale opens Shanghai Free Trade Zone sub-branch, CSOP launches an RQFII government bond ETF, and China Construction Bank is likely to be next European RMB clearing bank.

    • 23 Jan 2015

Comment

  • CSRC margin crackdown is a shrewd move

    China’s ECM market had a tough start to the week, after measures by the regulator to clamp down on excessive margin lending by brokerages took their toll on stock markets, with equities plunging the most in years. But investors that fell victim to this volatility should take it in their stride. The China Securities Regulatory Commission’s stringent approach is smart — and bodes well for stronger markets in the longer term.

    • 20 Jan 2015
  • 1MDB IPO: A chance to get it right

    Just when it looked like state-backed 1MDB was finally ready to put its energy assets on the market for Malaysia’s biggest IPO in years, the listing has come up against another delay. That hardly inspires confidence in the sovereign wealth fund. But with a new president in place, there is now a chance to set things straight — not only for the country’s capital markets but also for the sovereign itself.

    • 15 Jan 2015
  • Time for Asia to jump on the green bond-wagon

    Green bond sceptics have so far been proved right in their dire predictions for the take-up of this type of funding in Asia. But some important initiatives, combined with growing investor interest, mean that 2015 will be the year when Asia finally gets to grips with the green bond movement.

    • 13 Jan 2015
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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
  • 21 Jan 2015
1 UBS 865.64 5 14.63%
2 Haitong Securities Ltd 476.64 5 8.05%
3 China International Capital Corp Ltd 335.65 2 5.67%
4 Goldman Sachs 328.81 3 5.56%
5 China Galaxy Financial Holdings Co Ltd 300.94 2 5.08%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Jan 2015
1 Citi 3,493.19 9 0.00%
2 HSBC 3,074.85 10 0.00%
3 Deutsche Bank 2,534.54 10 0.00%
4 Standard Chartered Bank 2,107.52 6 0.00%
5 Goldman Sachs 2,036.35 7 0.00%

Asian polls & awards

  • Asiamoney Australia Awards 2014: Results Announced

    Asiamoney is pleased to announce the winners of the 2014 Australia Awards. After suggestions by bankers from global and domestic institutions, we weighed the most impressive deals and banks in the market last year. The results are listed below, and full write-ups of the winners will be published online and in print in late February.

  • Asiamoney Country Deals of the Year 2014: Results Announced

    Although the region witnessed the world's largest ever IPO in 2014, it was bond issues that dominated the roster of notable capital markets transactions in Asia ex-Japan. After considering a bumper selection of awards pitches from firms across the region, Asiamoney has picked its standout transactions across ECM, DCM and syndicated loans. Our thanks to all those firms that took the time to pitch. Full write-ups of each award will be published in the next Asiamoney supplement in late February.

  • Brokers Poll 2014: UBS rises to the top as China gets increasing focus

    Investors in Chinese stocks took a big hit in 2013, hurt by a volatile market that ended the year down around 7%. But things have recovered this year, and after some profitable tips from analysts at UBS, those investors decided the Swiss bank was the rightful winner of this year's Asiamoney Brokers Poll. Matthew Thomas reports.

  • Brokers Poll 2014: The top analysts in Asia

    Asia's equity market is crowded with analysts trying to impress clients with their unique views and brave calls. But few have the insight to maintain their appeal for long. The following winners of Asiamoney's 2014 Brokers Poll have proved that they have what it takes to impress their clients all year round.

  • Fixed Income Poll 2014: Ambitious ANZ dominates

    There has been a mixture of stability and surprises in Asiamoney’s largest ever Fixed Income Poll, as an enterprising Australian bank makes its mark in the region. Anthony Chan reports.