Top Stories
-
Guizhou bank targets $737m from Hong Kong listing
Chinese provincial lender Bank of Guizhou kicked off bookbuilding for its Hong Kong IPO on Monday, eyeing HK$5.7bn ($736.8m) from the transaction.
-
Powerlong Commercial follows peers with HK IPO
Powerlong Commercial Management Holdings launched the roadshow for its HK$1.5bn ($192.5) IPO on Monday.
-
OneConnect pockets $312m from smaller US IPO
Ping An Group subsidiary OneConnect Financial Technology has raised $312m from a listing of American Depository Shares (ADS) after trimming and then increasing its IPO.
Equity-linked
-
YuHua Education rolls over debut CB with HK$2bn issue
China YuHua Education pocketed HK$2.02bn ($258.5m) from a convertible bond this week to buy back its outstanding CB, printing a deal that was tailored for hedge funds, writes Jonathan Breen.
-
YuHua Education prints $259m CB to fund buyback
China YuHua Education Corp has bagged HK$2.02bn ($259m) from a convertible bond, printed in part to fund the buyback of its existing CB, according to a source familiar with the matter.
Comment
-
US tariff deadline could spoil Christmas for ECM
Equity markets, particularly European ones, are largely focusing on the UK election as the last opportunity for pre-Christmas volatility. But investors should remember that other shocks remain possible, including the scheduled imposition of US trade tariffs on China on Sunday.
Bookrunners of Asia-Pac (ex-Japan) ECM
| Rank | Lead Manager | Amount $bn | No of issues | Share % |
|---|---|---|---|---|
| 1 | CITIC Securities | 16.76 | 84 | 6.95% |
| 2 | China International Capital Corp Ltd | 16.67 | 78 | 6.91% |
| 3 | Goldman Sachs | 15.38 | 70 | 6.38% |
| 4 | UBS | 14.59 | 105 | 6.05% |
| 5 | Morgan Stanley | 14.27 | 76 | 5.92% |
From Our Global Coverage
-
Outlook brightens for UK PLC, but Brexit will bite soon
There are fundamental reasons for UK assets to be revalued upwards, analysts believe. The powerful majority achieved by Boris Johnson's Conservatives tilts the UK towards a Trump-like market-friendly, fiscally generous patch. But the reality of Brexit cannot be ignored for long.
-
UK ECM issuance revs up as Boris rejoices
There were audible sighs of relief on equity capital markets desks on Friday morning as Boris Johnson delivered a hefty Conservative majority in the UK general election. Bankers are now prepping for a busy 2020 and a solid UK issuance calendar. A state block trade of Royal Bank of Scotland shares is among the most anticipated chunks of business for next year.
More from Asia
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!
Free trial
Latest Asia Issue
Read the magazine on your mobile device
Bank Profiles
Latest news by market and league table performance
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 % |
|---|---|---|---|---|
| 1 | CITIC Securities | 16.76 | 84 | 6.95% |
| 2 | China International Capital Corp Ltd | 16.67 | 78 | 6.91% |
| 3 | Goldman Sachs | 15.38 | 70 | 6.38% |
| 4 | UBS | 14.59 | 105 | 6.05% |
| 5 | Morgan Stanley | 14.27 | 76 | 5.92% |
Bookrunners of Asia Pacific (ex-Japan) G3 DCM
| Rank | Lead Manager | Amount $bn | No of issues | Share % |
|---|---|---|---|---|
| 1 | HSBC | 34.78 | 304 | 8.23% |
| 2 | Citi | 26.50 | 186 | 6.27% |
| 3 | Standard Chartered Bank | 19.10 | 193 | 4.52% |
| 4 | JPMorgan | 18.77 | 139 | 4.44% |
| 5 | BofA Securities | 16.13 | 116 | 3.81% |
Asian polls & awards
-
GlobalCapital Asia capital markets awards 2019: Loans
GlobalCapital Asia spent the last two months talking to banks and their clients to determine the most impressive capital markets transactions and advisers across Asia ex-Japan in 2019. We are pleased to begin our awards announcements in the loan market.
-
Finance Minister of the Year, CEE
Djamshid Kuchkarov, Uzbekistan
-
GlobalCapital China Capital Market Awards 2019: open for submissions
GlobalCapital China is pleased to invite you to participate in the GlobalCapital China Capital Market Awards 2019. Inaugurated last year under the GlobalRMB banner, the awards celebrate the accomplishments of the leading players in the renminbi debt capital markets, onshore and offshore, as well as key service providers.
-
Last chance! GlobalCapital Asia Capital Market Awards 2019
GlobalCapital Asia is pleased to invite pitches for our annual capital markets and investment banking awards, which reward the most impressive transactions and investment banks of 2019.
-
GlobalCapital reveals SRI Award nominations
GlobalCapital has published the nominations for its Sustainable and Responsible Capital Markets Awards. The winners will be announced on September 17, at our Awards Ceremony in Amsterdam.
