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Asia

Bonds

  • Sceptics out in force as HK steps closer to debut sukuk

    Hong Kong took another step towards its long awaited debut sukuk issue on Thursday, announcing roadshow dates for the proposed dollar deal. The transaction is the first step in the financial centre’s bid to establish itself as a regional Islamic financing hub. But scepticism of the plan and its chances of success remains high, write Virginia Furness and Isabella Zhong.

    • 28 Aug 2014

Equities

  • HK-Shanghai Stock Connect on track for October launch

    The mutual market access (MMA) equity trading scheme between Hong Kong and the Shanghai Stock Exchange (SSE) is on track to launch in October after a successful two day compatibility test for brokers was completed last weekend. But even though the clock is ticking, there remain questions over how investors will be taxed and Shenzhen is also looking to get in on the act, writes Rev Hui.

    • 28 Aug 2014

Loans

  • Southeast Asia becomes the go-to place for Taiwanese banks

    Intense competition among domestic banks, restrictions on lending to Chinese borrowers and volatility in the US interbank dollar funding rate were the problems occupying Taiwanese loans bankers at an industry gathering this week. With these issues unlikely to fade anytime soon, Taiwanese lenders need to look further afield for growth, writes Rashmi Kumar.

    • 28 Aug 2014

People News

  • Westpac hires Chan to head North Asia syndications

    Westpac’s Asia operations have got another boost with the appointment of Eric Chan as head of syndications, North Asia. The move comes in line with Westpac’s strategy to strengthen its business outside Australia and follows a string of senior hires at its Hong Kong branch earlier this year.

    • 05:30 AM

RMB

  • Canada launches new North America RMB trade hub initiative

    Canada is stepping up its efforts to promote itself as a new renminbi trading hub and secure a leading position in RMB settlement in the Americas. The Toronto Financial Services Alliance (TFSA) and AdvantageBC, a lobby group for British Columbia, said this week that they are working with officials from the federal and provincial governments, as well as the financial industry, to put the country on the RMB map.

    • 10:15 AM

Comment

  • Indian GDRs no longer make a splash

    The ice bucket challenge has been all the rage on social media recently, but Indian GDR issuers have been taking a cold shower for quite a while longer, writes Philippe Espinasse.

    • 27 Aug 2014
  • Don't ignore Sing dollars once the summer lull is over

    While the rest of Asia’s markets have been taking their summer breaks, Singapore dollars have been revving up. Recent deals have shown that the market can offer a strong alternative, with bigger sizes and longer tenors than dim sum — and even the opportunity to price through the dollar curve.

    • 26 Aug 2014
  • You can’t offer risk without paying up

    Indonesia’s Berau Coal Energy tried to tip the balance in its favour with its bond offering last week by asking investors to take on greater risk but not compensating them for it. Unsurprisingly, the deal did not see the finish line. BCE would do well to keep in mind the age old adage that you can’t have your cake and eat it too.

    • 19 Aug 2014
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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 Aug 2014
1 Goldman Sachs 11,943.90 61 8.30%
2 UBS 9,757.48 85 6.78%
3 Morgan Stanley 7,074.61 56 4.91%
4 Citi 7,016.32 42 4.87%
5 Credit Suisse 6,734.49 66 4.68%

Bookrunners of Asia (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Aug 2014
1 Citi 20,354.16 104 0.00%
2 HSBC 18,777.08 120 0.00%
3 JPMorgan 17,094.60 88 0.00%
4 Bank of America Merrill Lynch 13,895.40 78 0.00%
5 Deutsche Bank 12,809.45 67 0.00%

Asian polls & awards

  • Asiamoney Best Domestic Bank Awards 2014: Vietnam

    Every year we choose which are the standout financial institutions in each major Asian market. In Vietnam, Military Bank rises above a lacklustre field of competition for best getting a handle of its costs and bad debts.

  • Asiamoney Best Domestic Bank Awards 2014: Taiwan

    Each year we choose the leading bank, equity brokerage and debt house across every major market in Asia. In Taiwan, E.Sun Financial Holding shines for its efforts in building non interest income, while Yuanta fends off tough competition to lead in equity and bonds.

  • Asiamoney Best Domestic Bank Awards 2014: Thailand

    Each year we choose the leading bank, equity brokerage and debt house across every major market in Asia. In Thailand, Siam Commercial Bank beats arch-rival Kasikornbank to be named top lender, while Phatra Securities remains top for equities in tough conditions and Bangkok Bank stands tallest for bonds.

  • Asiamoney Best Domestic Bank Awards 2014: South Korea

    Each year we choose the leading bank, equity brokerage and debt house in each major market in Asia. In South Korea Shinhan Bank continues to shine for its credit risk management and diversification, while Woori Investment & Securities shines in equities and KB Financial Group proves strongest in debt.

  • Asiamoney Best Domestic Bank Awards 2014: Singapore

    Each year we choose the leading bank, equity brokerage and debt house in each major market in Asia. In Singapore OCBC's efforts to expand into North Asia via the purchase of Wing Hang Bank impresses, while DBS retains its stranglehold of capital markets coverage.