• Investors lap up Chinese corporate bonds

    Citic, Yango Group Co and Kunming Industrial Development and Investment Co were the three Chinese issuers that tapped bond investors for new dollar deals on Tuesday.

    • 07:45 AM
  • Pertamina wows investors with 40 year bond

    Oil and natural gas company Pertamina sold Indonesia's first 40 year dollar bond on Thursday. Investors flocked to the long dated paper, sold as part of a two-tranche transaction, pushing orders to more than $3bn for the $800m portion.

    • 14 Feb 2020
  • CCC uses subordinated structure for $1.5bn outing

    China Communications Construction Company courted investors with two subordinated perpetual notes on Thursday, netting $1.5bn from the transaction.

    • 14 Feb 2020
  • Asia’s bond market shows resilience amid Covid-19 spread

    Asia’s credit markets have held up well despite the news around the spread of the novel coronavirus, with another spate of Chinese issuers pricing bonds that proved a hit with investors.

    • 14 Feb 2020
  • Investors plug into Huaneng Power’s dual-tranche deal

    Investors rushed into Huaneng Power International’s dual-tranche $600m bond on Wednesday, attracted to the Chinese company’s investment grade rating.

    • 13 Feb 2020
  • Yiwu bags $400m despite virus fears, offers hope for LGFV issuers

    Investors shrugged off concerns about Chinese local government financing vehicles to invest in Yiwu State-owned Capital Operation Co’s $400m bond sale this week. Despite the outbreak of Covid-19 (the coronavirus), there is still interest in mainland government-linked credits and the premium they offer. Morgan Davis reports.

    • 13 Feb 2020
  • Far East Horizon nets $300m from bond market

    Far East Horizon, one of China's largest independent leasing companies, rolled out a five year bond on Tuesday worth $300m.

    • 12 Feb 2020
  • Bond investors shake off Yiwu LGFV concerns

    Yiwu State-owned Capital Operation Co raised $400m from a bond on Tuesday, showing that there is still interest in deals from Chinese local government financial vehicles (LGFVs) amid the outbreak of the novel coronavirus.

    • 12 Feb 2020
  • Bond investors seek duration as IRFC adds 30yr to deal

    Indian Railway Finance Corp courted investors for a 10 year bond on Thursday, only to add a 30 year tranche to the transaction later in the day following reverse enquiry.

    • 07 Feb 2020
  • Investors surprise CSSC by embracing 10 year notes

    Chinese ship financing company CSSC (Hong Kong) Shipping Co took advantage of the risk-on sentiment in the market on Thursday to take home an $800m dual-tranche bond.

    • 07 Feb 2020
  • Adani unit lights up market with blowout trade

    Investors rushed to Indian company Adani Electricity Mumbai's (AEML) bond on Wednesday, flooding the $1bn deal with orders that reached more than $6bn at their peak.

    • 06 Feb 2020
  • Dollar bonds back with a bang after extended CNY amid virus outbreak

    Asian issuers found strong response to their dollar bonds on Wednesday, coming to the market after a rough start to the week on the back of the coronavirus-related volatility. As investors show their willingness to take on risk again, debt bankers are optimistic the pressure on the market will be lifted before long, writes Morgan Davis.

    • 06 Feb 2020
  • Asian bond market reopens amid virus outbreak

    Asia's dollar bond market reopened on Wednesday amid volatility around the rapid spread of the novel coronavirus. But debt bankers in the region are cautiously optimistic about the state of the market.

    • 05 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 13.29%
2 China Securities Co Ltd 3.53 7 10.25%
3 Morgan Stanley 3.39 11 9.84%
4 CITIC Securities 3.29 11 9.57%
5 Citi 1.66 11 4.82%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 6.48 35 7.96%
2 HSBC 5.59 45 6.87%
3 BofA Securities 4.13 14 5.07%
4 UBS 4.06 23 4.99%
5 JPMorgan 3.90 24 4.79%

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.