This league table is based on GlobalCapital China's proprietary Panda Bond Database. Private placements are excluded.

Panda Bond Top Issuers

Rank Issuer Total Volume Rmb (m) No. of Deals Share % by Volume
1 Semiconductor Manufacturing International Corp (SMIC) 6,500 5 17.43
2 GLP 3,300 1 8.85
3 Mengniu Dairy 3,000 3 8.04
3 New Development Bank 3,000 1 8.04
5 China Traditional Chinese Medicine Holdings 2,800 1 7.51

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