New China fund targets investors’ demand for safety in volatile times

Bank of China Hong Kong Asset Management (BOCHK AM) is targeting risk-averse investors with a new onshore-offshore fund that focuses on short-term paper.

  • By Rebecca Feng
  • 23 Oct 2018

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GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 China Merchants Securities Co 16.70
2 Industrial and Commercial Bank of China (ICBC) 14.38
3 CITIC Securities 10.44
4 Agricultural Bank of China (ABC) 9.08
5 China CITIC Bank Corp 8.17

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 24-Oct-18 China Gas Holdings China 2,000
2 15-Oct-18 China Power International Development China 2,000
3 11-Oct-18 Global Logistic Properties via Iowa China Offshore Holdings Hong Kong 1,200
4 28-Sep-18 Trafigura Singapore 700
5 17-Sep-18 The Wharf (Holdings) Hong Kong 2,000

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 Standard Chartered Bank 33.00
2 HSBC 20.05
3 Societe Generale 4.11
4 Bank of Taiwan 3.52
4 Cathay United Bank 3.52

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 13-Nov-18 Bank of China (Hong Kong) (BOCHK) China 1,000
2 19-Sep-18 Agricultural Development Bank of China (ADBC) China 1,200
3 17-Sep-18 Hitachi Capital (UK) United Kingdom 600
4 13-Sep-18 CIFI Holdings China 1,000
5 05-Sep-18 Daimler Germany 1,000