Latest investment strategy news

  • RQFII to drive Japan’s RMB business

    A new dawn has broken for RMB business in Japan, as the country prepares to launch its first RMB clearing bank and a local currency swap line with China. For now bankers are focusing on new renminbi investment quotas, which could mobilise the vast pool of Japanese household assets to tap onshore Chinese securities.

    • 27 Jul 2018
  • Investors question MSCI’s wisdom on A-shares, survey shows

    Almost half of the international investors surveyed by the Asian Corporate Governance Association (ACGA) disagree with MSCI’s decision to include A-shares in its emerging markets (EM) index. The survey shows that foreign investors continue to face obstacles when investing onshore.

    • 25 Jul 2018
  • Foreign investors hungry for Chinese bonds: S&P

    Foreign investors are holding more Chinese bonds than ever before, and they are ready to grab even more, according to a recent survey by S&P. Sentiment is likely to stay bullish as China’s monetary policy diverges from the US and the onshore market continues to grow, say analysts.

    • 25 Jul 2018
  • BNPP: Govvies, NCDs to remain foreign favourites in China

    A new group of investors is set to arrive in China's bond market as index providers prepare to include Chinese bonds in their benchmarks. But these new entrants will likely follow the path set by institutional investors in China, sticking with government bonds and short-dated paper, according to BNP Paribas.

    • 17 Apr 2018
  • China's onshore dollar bond market to take off, says BNPP

    China's onshore dollar bond market could provide an alternative to quota-based outbound investment schemes, allowing banks a novel way of deploying their dollar deposits, according to a senior trader at BNP Paribas.

    • 17 Apr 2018
  • China in the Year of the Dog: Banking on change

    In the second of a four-part series of articles on China’s financial transformation, GlobalRMB considers the nation’s banking reforms, which will allow a horde of foreign banks to gain more traction in the country. At the same time, Chinese banks are moving in the opposite direction.

    • 02 Mar 2018
  • China in the Year of the Dog: Bond market reforms

    China’s startling transformation continued last year, with the opening up the domestic bond market to foreign investors, the rise in renminbi volatility, and an all-important party meeting that cemented the power of Xi Jinping. Over the course of four in-depth articles, GlobalRMB will examine the key themes that will define this transformation in 2018. First up: the move to bring more foreign bond investors into the country.

    • 28 Feb 2018
  • The week in renminbi: China sets date for oil futures launch, Philippines wins approval for Panda debut, offshore investors hold more Chinese bonds

    China unveils plans to kick start RMB-denominated oil futures next month, the Philippines gets regulatory greenlight for its Panda bond issuance, and foreign ownership of bonds in the interbank bond market rises again in January.

    • 12 Feb 2018
  • Luxembourg ready for increased RMB flows, says fund body

    Renminbi bullishness has served Luxembourg well. The tiny country has enjoyed substantial China-related fund flows in 2017, largely thanks to a wider offering of investments, Marc Andre Bechet, director of legal and tax at the Association of the Luxembourg Fund Industry (Alfi), told GlobalRMB.

    • 30 Jan 2018
  • BNP Paribas: London Stock Connect drawing interest

    China and the UK have still not announced the launch date of the London-Shanghai Stock Connect, but international investors are already positioning themselves to get the most out of the new link, Gary O’Brien, a senior custody banker at BNP Paribas, told GlobalRMB.

    • 29 Jan 2018

Investment strategy news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 18.44
2 Industrial and Commercial Bank of China (ICBC) 15.03
3 CITIC Securities 11.02
4 Agricultural Bank of China (ABC) 10.02
5 China CITIC Bank Corp 9.02

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 15,658.50 72 7.69%
2 Morgan Stanley 13,801.54 62 6.78%
3 Citi 13,609.47 87 6.69%
4 UBS 10,792.88 67 5.30%
5 China International Capital Corp Ltd 10,501.97 40 5.16%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 20,519.35 173 7.48%
2 Citi 20,128.10 129 7.34%
3 JPMorgan 13,463.17 81 4.91%
4 Bank of America Merrill Lynch 12,328.25 77 4.50%
5 Goldman Sachs 11,208.75 54 4.09%

Asian polls & awards

  • 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.

  • GlobalRMB awards: Person of the year, most impressive innovation

    In the final article on our GlobalRMB awards, we talk about the key innovation of the year and highlight the individual that has made the greatest contribution to the development of China’s cross-border capital markets.

  • GlobalRMB awards: Best bank for securities services

    Securities services was one of the most competitive award categories GlobalRMB had to decide this year. Our awards criteria demanded the near-impossible from participating banks: to beat the competition in the fast-changing China access scheme, while at the same time demonstrating a broad client base and the ability to be at the cutting edge of innovation.

  • GlobalRMB awards: Best for ABS, CNH, G3 and Panda bonds

    In GlobalRMB's Best Bank Awards for China DCM, Standard Chartered wins for ABS and CNH, HSBC takes home the G3 Bond House Award, and Bank of China gets kudos as the Best House for Panda bond issuers.

  • Now open! GlobalCapital Asia Capital Market Awards 2018

    GlobalCapital Asia is pleased to invite pitches for our annual capital markets and investment banking awards, rewarding the most impressive transactions and investment banks of 2018.