Lunching during tricky times

As the coronavirus rages on across mainland China, simple daily tasks can morph into a whole new way of doing things.

  • By Taipan
  • 06 Feb 2020
Email a colleague
Request a PDF

Recently I have been hooked to my TV screen at home, not watching Bloomberg, mind you, but looking at news about the rising number of people in China contracting the new coronavirus. At the end of the day, I often feel exhausted and frustrated. Things are serious in Hong Kong too — you won’t see a single person in the streets without a mask on, while couples no longer hold hands when walking. And kissing in public is a definite no.   

It’s much, much worse in China, of course. Many of my friends from the mainland have expressed to me their nostalgia for life before the epidemic — walking around without face masks, going out for a drink with colleagues after a long day and, mostly, gossiping about bosses during lunch breaks.

A friend from a Beijing-based state-owned bank recently sent me a photo of his bank’s dining hall these days. The young chap is one of those unfortunate traders who still needs to go to the office. 

“I feel like I am taking tests at lunches,” he wrote.

I looked at the photo. To avoid close contact between employees, the bank had put out tables two metres from each other on all sides, similar to school classrooms during exams. Everyone is eating in a cubicle of sorts, facing forward.

“The bank also told us to avoid talking to each other during meals,” my friend added. “They say that ‘no business is so urgent that you have to risk your life to discuss it’.”

Well, I’ll give them that. Sometimes desperate times call for desperate measures. I wonder how Tai Tai will respond if I suggest we do the same at home?

  • By Taipan
  • 06 Feb 2020

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 18.86
2 Industrial and Commercial Bank of China (ICBC) 14.39
3 China Merchants Bank Co 14.21
4 China Merchants Securities Co 8.85
5 Agricultural Bank of China (ABC) 5.90

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 China International Capital Corp Ltd 4.57 23 12.78%
2 China Securities Co Ltd 3.53 7 9.86%
3 Morgan Stanley 3.39 11 9.47%
4 CITIC Securities 3.29 11 9.20%
5 Goldman Sachs 1.70 13 4.77%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 6.90 37 7.97%
2 HSBC 5.80 49 6.69%
3 UBS 4.41 27 5.09%
4 BofA Securities 4.13 14 4.76%
5 JPMorgan 4.04 26 4.67%

Asian polls & awards

  • GlobalCapital China 2019 awards winners: Part III

    In the final part of GlobalCapital China’s awards announcement, we discuss the key innovation of 2019, and reveal the individual that has made the greatest contribution to reforming and internationalising the Chinese onshore market.

  • GlobalCapital China 2019 awards winners: Part II

    In the second part of GlobalCapital China’s awards announcement, we reveal the winning banks across Panda bonds, G3 bonds and ABS, as well as the best bank for securities services and the most impressive law firm.

  • GlobalCapital Asia capital markets awards 2019: Investment banks

    In the fourth and final instalment of GlobalCapital Asia’s capital markets awards announcements, find out which firms have been named the Best Asian Investment Bank and the Best Investment Bank in the region for 2019.

  • GlobalCapital China announces 2019 awards winners: Part I

    GlobalCapital China, previously GlobalRMB, is pleased to announce the winners of its annual capital markets awards, honouring the banks, companies and individuals that have made the biggest contribution to bridging the gap between China’s markets and the rest of the world. In part one of the awards, we reveal the most impressive issuers in the FIG, corporate and SSA categories.

  • GlobalCapital Asia capital markets awards 2019: Bonds

    In part three of GlobalCapital Asia's awards results announcements, we reveal the winning bond deals across a variety of categories. In addition, we also name the Best G3 Bond House, Best High Yield Bond House and the winner of the Best House for SRI Financing.