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Asia

Bonds

  • Hong Kong cements return with landmark wakala bond

    Hong Kong has taken another step in its bid to become a regional Islamic financing hub, pricing a new $1bn sukuk this week. But rather than repeat the common ijara structure that it adopted in 2014, this time around the government chose an asset-light wakala format to set a new benchmark for its private sector, writes Rev Hui.

    • 02:15 PM

Equities

  • Copycats seen after Shui On prints third Asian perp CB

    Asia’s first perpetual convertible bond issue in five years gave the market something to talk about when Shui On Land sold a novel $225m 7.5% deal last week. The success of the print, coupled with the shortage of new offerings, could see more perpetual CBs follow suit, writes John Loh.

    • 12:00 PM

Loans

  • Lack of deals a boon for smaller Chinese names as market opens to looser structures, lower prices

    Sluggish syndicated loan dealflow is proving to be good news for small and mid-cap privately-owned Chinese companies like Golden Eagle Group and Xinyi Solar, which are finding themselves able to enjoy pricing levels usually reserved for better known names. And so great is bank demand for assets that looser structuring and lower amortisation are increasingly possible, writes Shruti Chaturvedi.

    • 02:45 PM

People News

RMB

  • Lenovo one of three dim sum debuts ahead

    Lenovo Group, a Hong Kong-listed computer technology company, is set to give another boost to the recovering dim sum bond market by launching roadshows for a debut CNH offering next week, market sources have told GlobalRMB. Two other names are also preparing deals.

    • 12:30 PM

Comment

  • Can the Malaysian tiger roar again?

    What has happened to Malaysia’s primary equity markets? Once the darling of ECM departments, featuring highly successful multi-billion dollar offerings by the likes of Petronas Chemicals, Felda Global Ventures or IHH Healthcare, the Southeast Asia nation now languishes at the bottom of the regional league tables, writes Philippe Espinasse.

    • 06:45 AM
  • China should not be so timid about its green bond ambitions

    China is finally going to launch the country’s first green bond, with Industrial Bank eyeing an offshore renminbi offering later this year. While this should be good news for the development of green financing, the choice of issuer is hardly a vote of confidence in the asset class. China needs to be bolder if wants to prove it’s serious about going green.

    • 26 May 2015
  • Korea needs to catch up in Reit game

    Asia is making up for lost time in the race to make real estate investment trusts a cornerstone of its capital markets. One country that hasn’t kept up with the pace is South Korea. It is not too late to fix this.

    • 19 May 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
  • 27 May 2015
1 Goldman Sachs 15,028.08 30 11.93%
2 UBS 10,938.44 56 8.69%
3 Morgan Stanley 5,960.00 36 4.73%
4 CITIC Securities 5,840.33 29 4.64%
5 Credit Suisse 5,652.67 30 4.49%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 May 2015
1 Citi 14,076.79 65 5.13%
2 HSBC 13,314.83 68 4.86%
3 JPMorgan 12,947.65 49 4.72%
4 Bank of America Merrill Lynch 8,562.87 56 3.12%
5 Deutsche Bank 7,979.64 46 2.91%

Asian polls & awards

  • Asiamoney Private Banking Poll 2015 - Press Release

    UBS and EFG Bank again provide the best advice to Asia-Pacific’s growing number of high net worth individuals (HNWIs), according to Asiamoney’s latest Private Banking Poll.

  • HSBC defends title in Asiamoney Offshore RMB Poll

    The battle to secure a reputation as a leading player in offshore renminbi services has never been more fierce. As China continues to encourage the spread of its currency throughout the world, the needs of corporates and investors are growing exponentially, and with them the need for increasingly sophisticated advice. Asiamoney's fourth Offshore RMB Poll ranks the leading firms in this area, as Anthony Chan reports.

  • Asiamoney Asian Islamic Banking Awards

    The last year has seen landmark capital market deals in the Islamic banking sector. And away from individual transactions, banking assets have continued to grow, alongside the number of customers taking advantage of the products on offer. Here we present our picks for the best Islamic banking franchises in Asia. By Chris Wright.

  • Asiamoney's Asia Islamic bank awards: winners announced

    Asiamoney announces the winners of its latest annual Asia Islamic bank awards, after a year in which the industry continued to develop in size and scope. The awards are listed below, and full write-ups of each decision will be published online and in print at the end of April.

  • HSBC retains top rankings in Asiamoney’s Offshore RMB Poll 2015

    HSBC reigns supreme for the fourth year running as the best overall provider of offshore RMB products and services, in Asiamoney’s largest and most competitive Offshore Renminbi (RMB) Poll. The UK-headquartered bank tops the poll as voted by clients from around the world.