• A case for the renminbi’s growing maturity

    Renminbi depreciation has been one of the market's most talked about issues with many predicting the trend to continue well into 2017. But ICBC Asia’s co-head of global markets Jimmy Jim told GlobalRMB that such fears are overblown and he believes the renminbi is maturing into a two-way fluctuating currency.

    • 09 Mar 2017
  • FTZ: the struggle continues in 2017

    Two and a half years after the launch of the first pilot free trade zone in Shanghai, the authorities appear ready to inaugurate a third batch of FTZs. But recent moves to restrict capital outflows have ended up hurting foreign enterprises, dealing a blow to China’s efforts to open its capital account.

    • 20 Feb 2017
  • Japanese banks take RMBi step with CIPS entry

    Japanese lenders have been largely missing from headlines of RMB-related initiatives, but some are starting to dip their toes into RMB infrastructure, starting with the cross-border interbank payment system (CIPS).

    • 16 Feb 2017
  • RMB trade slowdown prompts treasury sophistication

    The growth of renminbi trade has stalled, but it has forced a turning point to how corporates use the Chinese currency.

    • 13 Feb 2017
  • Foreign corporates get to grips with RMB curbs

    Intervention by Chinese authorities to stabilise RMB markets on and offshore have ushered in a difficult phase for foreign corporates, who once again are facing issues of trapped cash and tougher liquidity conditions.

    • 02 Feb 2017
  • RMB internationalisation stutters in 2016

    Renminbi internationalisation struggled to make progress in 2016 with RMB payments declining by close to 30%, according to Swift.

    • 26 Jan 2017
  • China hits the panic button with capital flow restrictions

    People’s Bank of China is returning to its old habits of sending out window guidance to banks in yet another attempt to stem capital outflows, with the latest measures targeting cross-border M&A and offshore RMB loans.

    • 01 Dec 2016
  • RMB round-up: record low PBoC fix, expanding Shanghai FTZ, new RQFII licensees

    In this round-up, the People’s Bank of China (PBoC) sets the dollar-renminbi fix at a new record low, a new policy push for the Shanghai free trade zone (FTZ), and the China Securities Regulatory Commission appoints two new RMB qualified foreign institutional investors (RQFII). Plus, a recap of our coverage this week.

    • 25 Nov 2016
  • HKMA reveals plans for RMB hub, IFFO: Part I

    In an interview with GlobalRMB, Vincent Lee, executive director, Hong Kong Monetary Authority, laid out HKMA’s plans for the future of Hong Kong as an offshore RMB hub, and for the recently created Infrastructure Financing Facilitation Office (IFFO), which he oversees.

    • 24 Nov 2016
  • CNH liquidity key to IKEA’s China ambitions - report

    The ability to tap into a liquid CNH swap market is one of most important considerations for international companies with operations in China such as IKEA, according to a joint report from the Hong Kong Monetary Authority and InvestHK.

    • 17 Nov 2016

More RMB - Treasury/Cash Management

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
  • 15 Mar 2017
1 CITIC Securities 4,281.70 15 9.56%
2 China International Capital Corp Ltd 4,059.80 9 9.06%
3 China Securities Co Ltd 3,263.99 17 7.29%
4 Goldman Sachs 3,220.37 10 7.19%
5 Haitong Securities Ltd 2,935.93 18 6.56%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Mar 2017
1 HSBC 9,706.90 55 10.13%
2 Citi 7,530.71 38 7.86%
3 JPMorgan 6,946.55 35 7.25%
4 Morgan Stanley 6,270.84 25 6.54%
5 Standard Chartered Bank 4,121.95 27 4.30%

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.