Chinese issuers continue rushing to the market

Three Chinese issuers hit the debt market on Tuesday, launching dollar deals. While the pace of new issuance is beginning to slow down, there appears to be no end in sight for the primary bond market.

  • By Addison Gong, Morgan Davis
  • 12 Dec 2017

Bond bankers in the region say there is still a steady pipeline of issuance to come before, if not through, the holiday season. 

“It’s really remarkable to be able to do all these deals this time of the year,” said one syndicate head, explaining that investors are actively buying ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 18.47
2 Agricultural Bank of China (ABC) 16.20
2 CITIC Securities 16.20
4 China CITIC Bank Corp 14.58
5 Industrial and Commercial Bank of China (ICBC) 11.34

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 8,204.66 32 8.72%
2 Morgan Stanley 7,597.79 22 8.07%
3 Goldman Sachs 7,294.64 26 7.75%
4 China Securities Co Ltd 5,454.82 15 5.79%
5 Bank of America Merrill Lynch 5,244.96 10 5.57%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 10,740.37 77 7.54%
2 Citi 8,012.60 53 5.63%
3 Goldman Sachs 7,087.22 26 4.98%
4 JPMorgan 7,025.39 30 4.93%
5 Bank of America Merrill Lynch 5,873.45 28 4.13%

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