• Chinese issuers flood offshore bond market

    Bond sales from Chinese issuers continued unabated on Thursday despite heavy supply in the first half of the week, with firms raising a combined $1.1bn from the debt market.

    • 18 Sep 2020
  • Three Gorges navigates China-US tensions for $1bn

    Tensions between the US and China dealt a blow to state-owned utility firm China Three Gorges Corp’s $1bn bond outing, which fell short of the lead banks’ pricing expectations.

    • 16 Sep 2020
  • Chinese government entities pump $1.1bn into bond market

    China Jianyin Investment (JIC) and Nanjing Jiangbei New Area Industrial Investment Group were among two Mainland Chinese companies to sell dollar bonds on Thursday.

    • 21 Aug 2020
  • Hangzhou LGFV rides on bank demand for tight $300m debut

    Hangzhou Qiantang New Area Construction and Investment Group Co, a Chinese local government financing vehicle (LGFV), found strong support from banks for its maiden dollar bond, allowing it to tighten price guidance by 70bp during the day.

    • 12 Aug 2020
  • Chinese banks double down in SSDs

    Many felt that Chinese banks, key investors in Schuldscheine, would pull back from the market as the pandemic hit. This has been far from the case.

    • 04 Jun 2020
  • Chinese property bonds kept to short tenors

    Sinic Holdings (Group) Co and JY Grandmark Holdings made their debuts in the dollar bond market on Wednesday. Both issuers opted to use a 364-day tenor to get the deals done.

    • 05 Mar 2020
  • Bond flurry continues but Vietnamese bank falls short

    The overwhelming supply of international bonds from Asia continued on Tuesday, as issuers dashed to raise dollars, and in one case, sterling. But not every borrower was able to cross the finish line.

    • 15 Jan 2020

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 19.21
2 China Merchants Bank Co 12.60
3 China Construction Bank (CCB) 10.26
4 Industrial and Commercial Bank of China (ICBC) 9.99
5 Agricultural Bank of China (ABC) 9.30

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 22.44 89 7.45%
2 China International Capital Corp Ltd 19.66 94 6.53%
3 CITIC Securities 19.60 119 6.51%
4 Goldman Sachs 17.76 107 5.90%
5 China Securities Co Ltd 15.52 60 5.16%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 HSBC 28.77 222 7.60%
2 Citi 28.33 168 7.49%
3 JPMorgan 19.30 133 5.10%
4 BofA Securities 18.70 103 4.94%
5 Standard Chartered Bank 17.89 163 4.73%

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