• Investors want name recognition from Chinese property

    Chinese property has been the most active sector in the bond market so far this this year, and for that reason has suffered more than others in a weak secondary market. But fund managers and syndicate officials are confident that the well known and trusted credits will have no trouble attracting interest, although debut borrowers are going to have to tread carefully.

    • 30 Jan 2014
  • Spread slump ends record run but restart not in doubt

    Asia’s dollar bond market rounded off this year's record run with a pause this week ahead of Chinese New Year, after a sell-off that left most new issuance well wide of reoffer. Bankers and buyers pointed to Chinese PMI figures, weakness in the wider emerging markets and even US housing data. But most remained confident that fundamental demand would allow a strong restart after the holidays, writes Steve Gilmore.

    • 30 Jan 2014
  • Daimler unlikely to spark Panda resurgence, say bankers

    Daimler’s plans to tap the Chinese Panda bond market caused a stir last week given the rarity of such issues. The German automaker would be only the third name ever to tap the market, after the Asian Development Bank (ADB) and the International Finance Corporation (IFC), and would be the first corporate to do so. But bankers warn that there is little to suggest a flurry of activity will come in its wake. The problem is finding issuers that suit the market — and investors who want to buy.

    • 28 Jan 2014
  • HKCG ends dollar absence with first hybrid

    Hong Kong and China Gas (HKCG) sold its first hybrid perpetual bond this week, finding strong demand for its entry into the asset class. The $300m non-call five deal was its first dollar bond since 2008, and rarity and a sound structure helped produce a successful print, said bankers on the deal.

    • 24 Jan 2014

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Ping An Bank 23.08
2 Industrial and Commercial Bank of China (ICBC) 15.38
2 Bank of China (BOC) 15.38
2 China CITIC Bank Corp 15.38
5 CITIC Securities 11.54

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 4.72 26 10.05%
2 China Securities Co Ltd 4.10 12 8.73%
3 CITIC Securities 3.80 15 8.11%
4 Morgan Stanley 3.43 12 7.32%
5 UBS 1.91 14 4.07%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 7.45 43 7.03%
2 HSBC 7.17 63 6.77%
3 UBS 4.74 34 4.48%
4 JPMorgan 4.69 33 4.43%
5 Standard Chartered Bank 4.62 40 4.37%

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.