Latest equity-linked news

  • About time: Asia equity-linked poised for bumper year

    Convertible bond sales in Asia are poised to scale new heights, as a combination of rising interest rates and soaring share prices prompt issuers to look beyond traditional equity and debt. But bankers say the glut of new paper means issuers have to be willing to pay up. John Loh reports.

    • 17 May 2018
  • Angang Steel takes first dip into equity-linked market

    Hong Kong-listed Angang Steel has sealed its debut in the international equity-linked market with a HK$1.85bn ($236m) five year put three trade.

    • 11 May 2018
  • Chaudhuri leaves Credit Suisse’s Asia ECM unit

    Dyutish Chaudhuri has resigned from Credit Suisse’s equity capital markets syndicate team in Hong Kong, sources close to the matter said.

    • 09 May 2018
  • Zhongsheng nets $500m from equity-linked return

    Zhongsheng Group Holdings has raised HK$3.9bn ($500m) from a 2023 convertible bond. It plans to use the proceeds to buy back its debut CB, executing a deal with a rare structure, according to a source close to the transaction.

    • 04 May 2018
  • Pang makes move to Deutsche Asia ECM team

    Karen Pang, an equity-linked banker based in Hong Kong, has left BNP Paribas for a new role in Deutsche Bank, according to two sources with knowledge of the move.

    • 26 Apr 2018
  • No Va Land shows CB hybrids are worth a shot

    Vietnamese real estate developer No Va Land Investment Group pulled off the combined sale of a convertible bond and top-up share placement last week. The success of the hybrid fundraising structure means other potential issuers in the region should give it a close look.

    • 24 Apr 2018
  • Credit Suisse names China TMT head after Luan's exit

    Credit Suisse has picked Allan Chu as its new head of technology, media and telecom for Greater China, according to sources.

    • 20 Apr 2018
  • No Va Land grips Vietnam fever with CB hybrid

    Vietnamese real estate developer No Va Land Investment Group brought a $310m convertible bond and a top-up share placement to the market this week, a combination rarely seen in the region. It capitalised on the rising interest in Vietnam, as the country hosts two record-breaking IPOs, writes Jonathan Breen.

    • 19 Apr 2018
  • BAML appoints new co-heads of Apac ECM

    Bank of America Merrill Lynch has appointed Shu Nagata and Tucker Highfield as co-heads of Asia Pacific equity capital markets, according to a memo seen by GlobalCapital Asia.

    • 17 Apr 2018
  • Nomura's head of Asia ECM syndicate exits

    Nomura’s head of equity syndicate for Asia ex-Japan Ortwin Gierhake is no longer with the firm, sources close to the matter said.

    • 16 Apr 2018

Equity-linked news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 21.76
2 Agricultural Bank of China (ABC) 15.11
2 CITIC Securities 15.11
4 China CITIC Bank Corp 13.60
5 Industrial and Commercial Bank of China (ICBC) 10.58

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 9,879.80 45 8.57%
2 Morgan Stanley 8,550.75 29 7.41%
3 Goldman Sachs 8,123.16 33 7.04%
4 China International Capital Corp Ltd 6,725.31 16 5.83%
5 China Securities Co Ltd 6,118.37 18 5.31%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 12,683.22 97 7.33%
2 Citi 11,177.13 70 6.46%
3 JPMorgan 8,594.04 39 4.96%
4 Goldman Sachs 8,568.36 34 4.95%
5 Bank of America Merrill Lynch 7,868.54 41 4.54%

Asian polls & awards

  • The Australian Fixed Income Poll 2018

    Asiamoney, in association with National Australia Bank, invites all fixed income investors in Asia and Europe to participate in the Australian Fixed Income Poll 2018. The online poll will take only five to 10 minutes to complete.

  • Regional Capital Markets Awards Part IV: Investment Bank

    In the last instalment of our 2017 awards, we present the full write-ups of the winners of Best Asian Investment Bank and Best Investment Bank.

  • Regional Capital Markets Awards Part III: Bonds

    In the third instalment of our 2017 awards, we present the full write-ups of the winners of the Best Local Currency Bond, Best High Yield Bond, Best Financial Bond, Best SSA Bond, Best Investment Grade Bond, Best Project Finance Deal, Best Bond, Best G3 and Local Currency Bond House, and Best High Yield Bond House.

  • Regional Capital Markets Awards Part II: Equities

    In the second instalment of our 2017 awards, we present the full write-ups of the winners for Best Follow-On/Accelerated Bookbuild, Best Equity-Linked Deal, Best IPO, Best ECM Deal and Best ECM House.

  • Regional Capital Markets Awards Part I: Loans

    In the first instalment of our 2017 awards, we present the full write-ups of the winners for Best Investment Grade Syndicated Loan, Best High Yield Syndicated Loan, Best Leveraged/Acquisition Finance, Best Loan and Best Loans House.