CMBI hires from China Renaissance for ECM head
CMB International has hired Branson Song, a veteran equity capital markets banker, as head of its ECM business.
Song began his new position at CMBI in July, a month after UBS poached the Chinese bank’s former ECM head, Guo Zili.
A source with direct knowledge of the matter confirmed Song’s appointment.
Song moves to CMBI from boutique investment bank China Renaissance, where he led the ECM desk for nearly two years. Before that, he spent over eight years covering China ECM as an executive director at Goldman Sachs.
Song also worked at UBS for close to four years, before joining Goldman Sachs in early 2011.
CMBI has won mandates for some of the highest profile ECM deals in Hong Kong year-to-date, including Kuaishou Technology’s HK$48.3bn ($6.2bn) IPO in January, JD Logistics' HK$28.3bn float in May, and both Bilibili’s and Trip.com’s billion-dollar secondary listings.
It is ranked 10 by ECM market share year-to-date for deals on the Hong Kong Stock Exchange, according to Dealogic data.