Latest equity-linked news

  • China’s Nio recharges with $650m debut convertible

    Chinese electric car company Nio made a splash in the US convertible bond market this week, raising $650m from its debut issuance and using a call spread feature to engineer a tasty premium. Jonathan Breen reports.

    • 31 Jan 2019
  • Nio launches $650m convertible bond

    Nio, the Chinese electric car company, has launched bookbuilding for a convertible bond that will be worth as much as $650m, according to a source close to the deal.

    • 30 Jan 2019
  • Lenovo ditches call option for popular equity-linked debut

    Hong Kong-listed Lenovo Group has given Asia its first real taste of equity-linked issuance for the year. The firm raked in $675m from its debut convertible bond (CB) after a flood of investors turned out for the deal, and as bankers gear up for more issuance. Jonathan Breen reports.

    • 17 Jan 2019
  • Lenovo swells debut CB to net $675m

    Lenovo Group boosted the size of its debut convertible bond to $675m after a flood of investors turned out for the deal, according to bankers on the mandate.

    • 16 Jan 2019
  • YuHua Education boosts CB to HK$940m

    China YuHua Education Corp has bagged HK$940m ($119.9m) from a sub-one year convertible bond, bumping up the deal size on the back of strong hedge fund demand.

    • 10 Jan 2019
  • YuHua Education tees up HK$800m CB

    China YuHua Education Corp has launched bookbuilding for a sub-one year convertible bond that could raise up to HK$800m ($102.1m).

    • 09 Jan 2019
  • Chia takes head of SEA ECM job at CLSA

    Nicholas Chia has left OCBC to join CLSA as the Citic Securities-owned brokerage looks to build out its southeast Asia equity capital markets franchise.

    • 11 Dec 2018
  • GlobalCapital Asia capital markets awards 2018: Equities

    In part two of our results announcements, we reveal the winning equity deals and banks, including the Best Follow-on/Accelerated Bookbuild, Best Equity-Linked Deal, Best IPO, Best ECM Deal and Best ECM House.

    • 10 Dec 2018
  • iQiyi boosts convertible bond to $650m

    Baidu’s video streaming platform iQiyi has raised $650m after pricing its bigger convertible bond at the investor friendly end of guidance.

    • 30 Nov 2018
  • iQiyi aims for $500m from convertible bond

    Baidu-backed video streaming platform iQiyi opened bookbuilding for a $500m convertible bond on Wednesday after US markets closed.

    • 29 Nov 2018

Equity-linked news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 14.44
2 Industrial and Commercial Bank of China (ICBC) 11.65
3 Bank of China (BOC) 10.33
4 CITIC Securities 8.41
5 Agricultural Bank of China (ABC) 7.17

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 1,472.64 4 9.29%
2 CITIC Securities 1,389.13 8 8.76%
3 China International Capital Corp Ltd 1,340.29 6 8.45%
4 UBS 1,119.14 7 7.06%
5 Morgan Stanley 1,105.27 8 6.97%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 5,431.62 41 10.50%
2 JPMorgan 3,619.90 21 7.00%
3 Citi 3,555.05 26 6.88%
4 UBS 2,356.80 22 4.56%
5 Deutsche Bank 2,285.67 18 4.42%

Asian polls & awards

  • GlobalCapital Asia capital markets awards 2018: Investment banks

    In the fourth and final instalment of GlobalCapital Asia’s capital markets awards announcements, find out the Best Asian Investment Bank and the Best Investment Bank in the region for 2018.

  • GlobalCapital Asia capital markets awards 2018: Bonds

    In part three of our results announcements, we reveal the winning bond deals across a variety of categories. In addition, we also name the Best G3 Bond House, Best Local Currency Bond House, Best High Yield Bond House and the debut winner of the Best House for SRI Financing.

  • GlobalCapital Asia capital markets awards 2018: Equities

    In part two of our results announcements, we reveal the winning equity deals and banks, including the Best Follow-on/Accelerated Bookbuild, Best Equity-Linked Deal, Best IPO, Best ECM Deal and Best ECM House.

  • GlobalCapital Asia capital markets awards 2018: Loans

    GlobalCapital Asia has spent the last two months talking to banks and their clients in a bid to determine the most impressive capital markets transactions and advisers across Asia ex-Japan in 2018. We are pleased to begin our awards announcements in the loan market.

  • GlobalRMB awards: Most impressive issuers, best law firm

    In this third part of the GlobalRMB awards, we present our reasons for choosing the best issuers in the FIG, corporate and SSA categories — and praise the strong performance of one well-known foreign law firm.