Latest RMB loans/equity news

  • Derivatives choices in spotlight after Bond Connect, MSCI

    The launch of Bond Connect and MSCI’s A-share inclusion are prompting global investors to rebalance their portfolios towards renminbi bonds and equities. But although investors enjoy a handful of hedging tools in fixed income, they are hoping for more equity derivatives before adding A-share exposure.

    • 07 Jul 2017
  • RMBi: Small weightings make a big difference

    The entry of A-shares into MSCI’s emerging market index was quickly dismissed by China bears as a non-event, given the tiny weighting Chinese equities will have in the index. But sceptics should learn from history that small weightings often make a big difference to RMB internationalisation — and MSCI’s A-share inclusion might just be an example of that.

    • 29 Jun 2017
  • RMB round-up: PBoC says Chinese banks must compete globally, CSRC promises reform after MSCI inclusion, HKEX plans CNH, USD futures launch on July 10

    The governor of People’s Bank of China says Chinese banks must face international competition, the China Securities Regulatory Commission (CSRC) considers changes in Stock Connect daily trading quotas after MSCI’s A-share inclusion, and the Hong Kong Exchange plans to launch CNH and dollar gold futures on July 10.

    • 23 Jun 2017
  • H-shares set for rally as MSCI OKs Chinese stocks

    Stocks on the Hong Kong and China equity markets trade at a wide difference to each other, driven largely by tight capital controls in the Mainland. But MSCI’s decision this week to include A-shares in its Emerging Markets index could bring the two markets closer, and give a fillip to H-shares in the process. Jonathan Breen reports.

    • 22 Jun 2017
  • Active investors to drive A-share inclusion inflows

    The MSCI's decision to include A-shares in its emerging market index will drive capital inflows to Chinese equities not just from index trackers but also from active fund managers. But some warn that the pace of investments could be threatened by shrinking offshore RMB (CNH) liquidity.

    • 21 Jun 2017
  • The lowdown: All you need to know about MSCI and China

    Global index provider MSCI announced on Wednesday that it will begin including Chinese A-shares in its emerging markets index, giving its blessing after three consecutive rejections. Here is GlobalRMB’s lowdown on what you need to know about the upcoming inclusion.

    • 21 Jun 2017
  • MSCI A-share inclusion presents China with to-do list

    China may have got its second big win on the global stage, after the inclusion of the RMB in the SDR, on Wednesday when MSCI decided to add A-shares to its emerging markets index, but that does not mean the authorities can now rest on the laurels. The small weighting given to A-shares by MSCI is just one indication of how much China still has to do to upgrade its capital markets.

    • 21 Jun 2017
  • Market reactions round-up: MSCI A-shares decision

    MSCI opened the door to A-shares in a landmark moment for China's reform and renminbi internationalisation agenda. Regulators, investors and analysts widely welcomed the decision, with many underlining that while initial impact of the inclusion may be limited, the first step has been taken to a rebalancing of global portfolios towards RMB assets.

    • 21 Jun 2017
  • Markets not holding breath over A-shares inclusion

    The fate of Chinese A-shares in the MSCI emerging market index will be known on June 21 at about 4.30am Hong Kong time. While the likelihood of inclusion has gone up after MSCI’s latest consultation paper from March, experts are not expecting sizable capital inflows into Chinese equities to follow.

    • 20 Jun 2017
  • Belt & Braces for Belt & Road issuers

    In the latest Clawback, columnist Philippe Espinasse turns his focus to the listing of infrastructure project companies in Hong Kong, saying that IPOs of Belt and Road issuers could be a big challenge.

    • 05 May 2017

RMB loans/equity news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 CITIC Securities 29.22
2 China CITIC Bank Corp 12.99
3 Bank of China (BOC) 12.18
4 Everbright Securities 11.36
5 China Merchants Bank Co 10.55

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Jul 2017
1 CITIC Securities 7,927.68 44 5.78%
2 China International Capital Corp Ltd 7,717.05 36 5.63%
3 Goldman Sachs 7,626.42 31 5.56%
4 UBS 6,291.01 42 4.59%
5 Citi 6,005.79 39 4.38%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Jul 2017
1 HSBC 22,613.44 143 8.94%
2 Citi 18,706.52 117 7.40%
3 JPMorgan 15,393.53 83 6.09%
4 Standard Chartered Bank 11,923.35 86 4.71%
5 Morgan Stanley 11,188.40 59 4.42%

Asian polls & awards

  • RMB internationalisation: 10 questions for the market, part 2

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the final five questions.

  • RMB internationalisation: 10 questions for the market, part 1

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the first five questions.

  • Made in China: The best banks and deals of 2016

    You know who won, now find out why. GlobalCapital Asia and Asiamoney present the extended results of our 2016 China Deals and Investment Bank of the Year awards, recognising achievement both on and offshore.

  • Asia’s standout deals

    GlobalCapital Asia and Asiamoney present the extended results for our 2016 Best Country Deals. Discover why these bond, equity and loan transactions delivered outstanding outcomes for issuers and investors.

  • Aussie award winners: The best banks and deals of 2016

    The names have been announced, now find out why they stood out from the crowd. GlobalCapital Asia and Asiamoney present the extended results for our 2016 Australia Deals and Investment Bank of the Year awards, recognising achievement in equities, bonds, loans and investment banking.