Latest follow-on/rights issue news

  • Renhe slumps after rights offering misses target

    Renhe Commercial Holdings’ HK$2.2bn ($274.3m) rights issue was slightly undersubscribed, forcing its major shareholder to pick up the slack.

    • 17 Jul 2018
  • China Grand to fund Sirtex buy with rights issue

    China Grand Pharmaceutical and Healthcare Holdings has opted to pay for its acquisition of Australia-listed Sirtex Medical with a HK$2.9bn ($370m) rights issue.

    • 06 Jul 2018
  • ECM veteran Furtado leaves Goldman for Citi

    Udhay Furtado has left Goldman Sachs after 12 years with the US bulge bracket firm to take up a new role at Citi.

    • 03 Jul 2018
  • WuXi AppTec, Yancoal eye HK for dual-listings

    Fresh from a successful Shanghai IPO in May, WuXi AppTec is pushing for a dual-listing in Hong Kong worth a possible $2bn.

    • 03 Jul 2018
  • Trade war spooks Chinese stocks as ECM deals suffer

    Asia’s markets were on edge this week as Chinese equities fell into bear territory and the simmering trade war between the US and China deepened. The tensions felled two IPOs but have not brought fundraising activity to a complete stop, even as bankers remain unsure about what happens next. John Loh reports.

    • 28 Jun 2018
  • Indian regulator eases IPO rules

    India’s securities regulator has relaxed the disclosure norms for IPOs to encourage fundraising in the capital markets, according to a statement on Thursday.

    • 22 Jun 2018
  • Oberoi Realty nets Rp12bn from QIP

    Mumbai-based property developer Oberoi Realty has raised Rp12bn ($176m) from a qualified institutional placement.

    • 20 Jun 2018
  • Deutsche's India ECM head bows out

    Deutsche Bank’s head of equity capital markets in India has resigned, according to a source familiar with the matter.

    • 19 Jun 2018
  • HDFC, Yes all clear for jumbo capital raising

    India’s HDFC Bank and Yes Bank won approval this week to go ahead with their billion-dollar fundraising plans. A number of methods are on the table, including qualified institutional placements (QIPs).

    • 14 Jun 2018
  • Del Monte Philippines drops IPO

    Del Monte Pacific has shelved the Ps17.6bn ($334.5m) IPO of its subsidiary Del Monte Philippines citing poor market conditions.

    • 08 Jun 2018

Follow-on/rights issue news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 18.42
2 CITIC Securities 14.07
3 Agricultural Bank of China (ABC) 12.79
3 Industrial and Commercial Bank of China (ICBC) 12.79
5 China CITIC Bank Corp 11.51

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 12,347.28 50 8.27%
2 Citi 10,937.22 60 7.33%
3 Morgan Stanley 9,836.89 36 6.59%
4 China International Capital Corp Ltd 7,946.42 27 5.33%
5 China Securities Co Ltd 7,436.55 29 4.98%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 15,269.13 121 7.26%
2 Citi 14,283.19 91 6.80%
3 JPMorgan 10,369.33 52 4.93%
4 Bank of America Merrill Lynch 9,897.67 56 4.71%
5 Goldman Sachs 9,025.15 40 4.29%

Asian polls & awards

  • GlobalCapital opens Green/SRI Bond and Loan Awards Poll 2018

    After a year of burgeoning growth and change in green, social and sustainability bond issuance, with huge acceleration in green loans, GlobalCapital today invites you to vote in its third Awards poll for this market.

  • 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.