Latest RMB regulation and policy news

  • Streamline China market access to bring inflows, says Asifma

    Chinese regulators should simplify market access to attract capital inflows, Asia Securities Industry & Financial Markets Association (Asifma) has said. In a report published on Wednesday, the industry body argued that the current arrangement is too complex, unfair to long-term foreign investors and discourages prospective investors.

    • 22 Mar 2017
  • This week in renminbi: March 20, 2017

    China Banking Regulatory Commission (CBRC) relaxes restrictions on foreign banks, China sees first net capital inflow in almost three years, and Goldman Sachs estimates $54bn of southbound flows to Hong Kong via Stock Connect by the end of 2017.

    • 20 Mar 2017
  • RMB round-up: Stronger post-Fed renminbi fix, China to add seven FTZs, Won-RMB swap line threatened

    This week, the PBoC follows the US Federal Reserve’s rate hike by strengthening the dollar, Korea worries THAAD will imperil renminbi swap line, and China reveals plans to create seven new Free Trade Zones (FTZs).

    • 17 Mar 2017
  • This week in renminbi: March 6, 2017

    The National People's Congress changed its tone on FX reform, spot markets strengthen at the start of the week, and the China Securities Regulatory Commission (CSRC) continues to push for MSCI's inclusion of A-shares in global indices.

    • 06 Mar 2017
  • Experts slam slow progress on Panda regulations

    Corporate treasurers and financial institutions feel that the Panda bond market has great potential as a funding venue, but regulators and industry bodies will need to push for reforms to make it viable.

    • 03 Mar 2017
  • Asset managers lobbying for better ETF Connect deal

    International asset managers are pushing for a more liberal version of the upcoming China-Hong Kong ETF Connect, with the focus on whether ETFs will be considered as stocks or funds by the regulators.

    • 02 Mar 2017
  • China gives blessing to onshore FX hedging

    The State Administration of Foreign Exchange (Safe) has followed up on a promise made at the end of last year, announcing on Monday that foreign institutional investors are now allowed to enter the onshore FX derivatives market.

    • 28 Feb 2017
  • This week in renminbi: February 27, 2017

    Things kicked off with a weaker dollar fix by PBoC, while China’s banking authority got a new chairman last week, and the securities regulator said it will increase foreign ownership limits for China brokerage ventures.

    • 27 Feb 2017
  • CIPS upgrade delaying NYC RMB clearing

    The upcoming launch of the second phase of China's cross-border interbank payment system (CIPS) is understood to be delaying the launch of clearing activities in the recently established New York RMB hub, GlobalRMB has learned.

    • 23 Feb 2017
  • Financial liberalisation still on for China, says Safe’s Pan

    Recent capital control measures enacted by China have led to concerns that the authorities might be reversing past efforts to liberalise the country's financial markets. But the administrator of the State Administration of Foreign Exchange (Safe), Pan Gongsheng, is adamant that more reforms are on the cards especially in regards to attracting more inflows.

    • 14 Feb 2017

RMB regulation and policy news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 18.01
2 Everbright Securities 16.95
3 Agricultural Bank of China (ABC) 10.59
4 HSBC 6.99
5 Industrial and Commercial Bank of China (ICBC) 6.36

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Mar 2017
1 China International Capital Corp Ltd 5,356.79 16 9.48%
2 CITIC Securities 5,232.10 17 9.26%
3 Goldman Sachs 3,945.14 11 6.98%
4 China Securities Co Ltd 3,295.01 18 5.83%
5 UBS 3,247.40 12 5.75%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Mar 2017
1 HSBC 11,319.02 65 9.80%
2 JPMorgan 8,429.84 42 7.30%
3 Citi 8,325.36 44 7.21%
4 Morgan Stanley 6,988.10 30 6.05%
5 Standard Chartered Bank 5,180.49 30 4.48%

Asian polls & awards

  • 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.

  • Photos from Asiamoney's New Year Awards Dinner 2017

    Asiamoney held its New Year Awards Dinner at the Conrad Hotel in Hong Kong on February 22, 2017, where issuers, bankers, brokers and analysts gathered to celebrate the achievements of those who were top-ranked in Asiamoney polls in 2016 or who had won deal or bank awards.

  • Photos of the GlobalCapital Asia New Year Drinks and Awards Reception

    GlobalCapital Asia held a New Year drinks and awards reception at Le Bistro Winebeast in Hong Kong on February 15, 2017. Below is a selection of the best photos from the night. Our thanks to all who attended.