Latest RMB regulation and policy news
China policy round-up: Trump said to sign trade deal, China wraps up annual economic planning meeting, Macau to become contingency plan for Hong Kong
In this round-up, US president Donald Trump reportedly signed the phase one trade deal on Thursday, China concluded the Central Economic Work Conference and the Mainland government is set to turn Macau into a financial hub with new policies.
Crédit Agricole bagged a total loss-absorbing capacity eligible senior preferred Panda bond in China last week — the first of its kind onshore. But the confusion it created shines a light on a market that is still in dire need of education around these new structures. With Chinese banks set to come under pressure soon to issue their own TLAC-eligible bonds onshore, rapid change is needed before time runs out.
The China Banking and Insurance Regulatory Commission (CBIRC) published the first set of capital requirements for banks’ wealth management subsidiaries on Monday, with the rules set to go into effect on March 1 next year.
China policy round-up: Trump signs HK bill, MoF allocates local govt bond quotas early, State Council boosts fixed income investment
In this round-up, US president Donald Trump signed the Hong Kong Human Rights Act into law despite trade tension with China, the Ministry of Finance allocated Rmb1tr ($142.2bn) of special project bond quotas to local governments and the Chinese State Council has set its sights on financing infrastructure projects.
The People’s Bank of China (PBoC) has published a set of long-overdue guidelines to select the country’s domestic systemically important banks (D-Sibs). Banks selected will probably face more stringent capital requirements as Chinese regulators finally launch tougher supervision for the country’s biggest banks.
China policy round-up: Trump threatens to raise tariffs again, China to set up manufacturing fund, US Senate passes HK bill
In this round-up, US president Donald Trump threatened to raise tariffs again if a phase one deal is not reached, China is planning to set up a fund to promote its manufacturing industry and the US Senate passed the Hong Kong Human Rights and Democracy Act.
China policy round-up: Trump warns of tariffs again, two US senators push for Hong Kong bill, China to tighten ties with Greece
In this round-up, US president Donald Trump threatened to raise tariffs on China if the phase one deal is not reached, two Republican senators took action to speed up the passing of the Hong Kong Human Rights and Democracy Act and Chinese president Xi Jinping wrapped up a state visit to Greece.
China policy round-up: tariffs to be rolled back, Xi vows more market opening, China's small banks get more support
In this round-up, China hinted at de-escalating tariffs as phase-one trade deal nears, Chinese president Xi Jinping assured foreign investors of the country’s determination to open up and the Financial Stability and Development Committee (FSDC) met to discuss banks’ capital needs.
China policy round-up: fourth plenum wraps up, trade deal meeting cancelled, China publishes first list of certified fintech products
In this round-up, the Chinese Communist Party (CCP) said it will strengthen the country’s ideological and institutional design, the Chilean government called off a planned Apec meeting and the State Administration for Market Regulation (SAMR) and the People’s Bank of China released a list of certified fintech products.
China policy round-up: phase-one trade deal moves along, China shuffles leaders at state financial institutions, new foreign investment law well received
In this round-up, China and the US are hammering out a draft of a mini trade deal, the regulators have switched around leaders at state-owned bad debt managers and the new foreign investment law has received praise from foreign investors.
Global Capital Data
Latest on priced deals, league tables, RMB, polls and awards
People & Markets
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
Read the magazine on your mobile device
Latest news by market and league table performance
Panda Bonds Top Arrangers
|Rank||Arranger||Share % by Volume|
|1||Bank of China (BOC)||24.90|
|2||Industrial and Commercial Bank of China (ICBC)||13.32|
|3||China Merchants Bank Co||13.15|
|4||China Merchants Securities Co||8.19|
|5||Agricultural Bank of China (ABC)||5.46|
Bookrunners of Asia-Pac (ex-Japan) ECM
|Rank||Lead Manager||Amount $bn||No of issues||Share %|
|2||China International Capital Corp Ltd||16.67||78||6.92%|
Bookrunners of Asia Pacific (ex-Japan) G3 DCM
|Rank||Lead Manager||Amount $bn||No of issues||Share %|
|3||Standard Chartered Bank||19.10||193||4.52%|
Asian polls & awards
Djamshid Kuchkarov, Uzbekistan
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.
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 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.
In response to requests from market participants, GlobalCapital has extended the closing date of its poll to determine the 2019 winners of its Sustainable and Responsible Capital Markets Awards. Market participants can now vote until July 26.