• UAE gets Rmb50bn RQFII as renminbi hub status looms

    The People’s Bank of China (PBoC) and the Central Bank of United Arab Emirates have signed a memorandum of co-operation to set up renminbi clearing arrangement in UAE. At the same time the region is set to get its first RQFII quota.

    • 14 Dec 2015
  • New Hope wraps up larger $100m deal

    New Hope International has wrapped up syndication of a $100m facility that came with a guarantee from its parent, Chinese agribusiness New Hope Group.

    • 20 Nov 2015
  • Zhuhai Huafa nets Rmb1.5bn from rare dim sum outing

    Zhuhai Huafa Group completed Asia’s first offshore renminbi denominated bond in close to a month, raising Rmb1.5bn ($235m) with a three year offering on November 18.

    • 19 Nov 2015
  • Signs of life in CNH bonds as Zhuhai Huafa plans 3yr dim sum

    Zhuhai Huafa Group (Zhuhai Huafa), a company closely involved with urban planning and development, is set to return to the dim sum bond market with a three year offering in the near future, GlobalRMB has learned.

    • 17 Nov 2015
  • Shandong Gold launches maiden international bond

    Shandong Gold Group launched a capped $300m trade on November 4, the first time it is venturing into the international bond market for funding.

    • 04 Nov 2015
  • Shandong Gold chases dollar bond riches

    Chinese state-owned enterprise Shandong Gold Group is planning to issue its first international bond with the help of a standby letter of credit from Bank of China’s Shandong branch.

    • 03 Nov 2015
  • CGNPC seals bond return with keepwell structure

    China General Nuclear Power Corp (CGNPC) has wrapped up its second dollar deal of the year, using a keepwell agreement this time around rather than a direct guarantee. Despite the less investor-friendly structure, the company saw a huge following and managed to price the notes with little new issue premium.

    • 30 Oct 2015
  • BESG makes quick and easy bond debut

    Beijing Environment Sanitation Engineering Group (BESG) wasted little time with its inaugural international bond, wrapping up a euro-denominated deal before European investors were even able to get a look at it.

    • 30 Oct 2015
  • CGNPC, BESG bring out deals post-FOMC meeting

    Primary bond activity in Asia picked up again on Thursday following the end of the meeting of the Federal Open Market Committee (FOMC), with a pair of Chinese issuers launching separate deals in dollars and euros.

    • 29 Oct 2015
  • CICC covers books for $812m Hong Kong listing

    China International Capital Corp (CICC), which is looking to raise HK$6.29bn ($811.61m) in a Hong Kong IPO, has sent out a covered book message to investors ahead of its expected pricing on Friday.

    • 28 Oct 2015
  • CICC relies on SOEs for $812m listing

    China International Capital Corp (CICC) is continuing the recent run of Hong Kong IPOs counting on heavy cornerstone support from state-owned enterprises. The investment bank opened books on Monday for a HK$6.29bn ($811.61m) listing, with about half the trade already covered by SOEs.

    • 26 Oct 2015
  • China General Nuclear fires up new dollar bond

    China General Nuclear Power Corp (CGNPC) is eyeing the dollar bond market for the second time this year, having mandated banks to work on investor meetings.

    • 26 Oct 2015
  • Bustling Schuldschein market hosts Chinese arranger

    The internationalisation of the Schuldschein market, Germany's answer to private placements, has been widely hailed, with foreign issuers and investors increasingly prominent. But even the banks that arrange the deals now include some surprising non-German names, writes Elly Whittaker.

    • 22 Oct 2015
  • BESG gauges interest for euro bond

    Beijing Environment Sanitation Engineering Group Co (BESG) has mandated banks ahead of launching a roadshow next week in Asia and Europe.

    • 15 Oct 2015
  • ABC gives China a solid start to its green bond ambitions

    Agricultural Bank of China (ABC) priced a landmark transaction this week, raising approximately $1bn from a dual-currency, triple-tranche bond. Not only was this China’s first financial green bond, but ABC was also the second bank from the country to sell notes in London in as many days, setting the stage for president Xi Jingping’s visit to the UK next week. Rev Hui reports.

    • 14 Oct 2015
  • DBS heads to China, plans debut Panda bond

    DBS Bank is following in the footsteps of its peers with plans to launch a Panda bond this year, several sources have told GlobalRMB. The deal will not only be the bank’s debut in China’s onshore bond market, but also mark the first such trade from Singapore.

    • 14 Oct 2015
  • China forges closer UK ties with landmark ABC green bond

    China is boosting its capital markets collaboration with the UK with Agricultural Bank of China launching a dual-currency, triple-tranche bond on October 13. It would be the second Chinese lender to sell notes in London in as many days, and its offering will also mark the country’s first financial green bond.

    • 13 Oct 2015
  • China Re, Huarong, CICC eye Oct launch windows

    China Reinsurance is slated to start gauging demand for its $2bn Hong Kong IPO on October 5, with books set to open a week later, according to a banker working on the transaction.

    • 30 Sep 2015
  • ABC to roadshow debut green bond for president Xi’s London visit

    Agricultural Bank of China (ABC) is planning a roadshow in September for the world’s first offshore renminbi green bond that will be part of a multi-tranche deal. The trade scheduled to price ahead of president Xi’s visit to London in October and is one of a number of upcoming Chinese bonds aimed at the UK.

    • 22 Sep 2015
  • China Re, CICC win approval for $3bn HK IPOs

    China Reinsurance Corp and CICC passed their respective listing hearings with the Hong Kong Stock Exchange on September 17, clearing the way for a pair of chunky IPOs in the city.

    • 18 Sep 2015
  • Anchor orders drive CSCI $200m debut

    China Securities (International) Finance Holding Company sold its inaugural offshore bond on September 10. Although markets were jittery, the debutant took comfort in the fact that books were already covered by the banks working on the deal.

    • 11 Sep 2015
  • Shanghai Pudong $500m bond steals limelight on busy day

    Shanghai Pudong Development Bank Co (SPDB) roared into the market on Wednesday, finding huge success with its debut $500m deal. The issuer managed to find the perfect window to execute its trade, tightening pricing aggressively but still ending up with a quality book.

    • 10 Sep 2015
  • Asia bonds roundup: CSCI opens books, QCCI picks perp

    China Securities (International) Finance Holding Company has opened books for its debut offshore bond, while Qingdao City Construction Investment (QCCI) is planning to issue a senior perp for its second international outing this year.

    • 10 Sep 2015
  • Chexim, SPDB, KDB end three-week dollar bond hiatus

    Asian bond issuers have finally decided to venture back into the market with a trio of investment grade names opening books to dollar deals. Export-Import Bank of China (Chexim), Shanghai Pudong Development Bank and Korea Development Bank are vying for attention in the first test of investor demand in three weeks.

    • 09 Sep 2015

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 18.45
2 Industrial and Commercial Bank of China (ICBC) 13.56
3 China Merchants Bank Co 12.10
4 China Construction Bank (CCB) 9.85
5 Agricultural Bank of China (ABC) 8.93

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 7.39%
2 CITIC Securities 19.78 121 6.52%
3 China International Capital Corp Ltd 19.76 95 6.51%
4 Goldman Sachs 17.76 107 5.85%
5 China Securities Co Ltd 15.52 60 5.11%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 HSBC 28.85 223 7.62%
2 Citi 28.41 169 7.50%
3 JPMorgan 19.37 134 5.12%
4 BofA Securities 18.70 103 4.94%
5 Standard Chartered Bank 17.89 163 4.72%

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