China Merchants Securities Co Ltd top stories

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  • Corrected: Bank of Chongqing lays the groundwork for AT1

    Bank of Chongqing Co is meeting fixed income investors this week to gauge their appetite for an additional tier one dollar bond, as it sets its sights on raising up to Rmb5bn ($755m) equivalent.

    • 11 Dec 2017
  • Shandong Trust, Nissin Foods keep HK IPO market busy

    One of the last batches of the year’s Hong Kong IPOs kept the market busy this week, even as investors started to wind down for the holidays.

    • 30 Nov 2017
  • Hebei Construction, Cofco Womai gear up for IPOs

    China’s Hebei Construction Group is preparing to launch its potential $300m Hong Kong IPO on December 4, according to two sources close to the transaction.

    • 29 Nov 2017
  • VW China’s ABS prices after rising yields cause delay

    Volkswagen Finance (China) wrapped up its third asset-backed securities (ABS) deal on Friday, raising Rmb3.5bn ($531.8m). The company was forced to extend bookbuilding into a second day amid rising bond yield in the Chinese market.

    • 24 Nov 2017
  • BC seals Panda return despite tougher market

    The Province of British Columbia (BC) completed its second Panda bond on Wednesday, raising Rmb1bn ($150.9m) from a three year deal. The issuer went ahead with the deal despite rising yields in China – pushing the coupon to the top half of the guidance range.

    • 23 Nov 2017
  • Crédit Agricole’s China JV nails Rmb4bn ABS return

    GAC-Sofinco Auto Finance completed a Rmb4bn ($603.6m) asset-backed securities transaction on Monday, its first in China since 2014. The originator focused on tight pricing, thereby snubbing investors vying for a bargain, but it still gained the support of accounts familiar with its business.

    • 21 Nov 2017
  • China Resources Cement ready for Panda comeback

    China Resource Cement Holdings is making a return to Panda bonds more than a year after its debut in the Mainland’s onshore renminbi market.

    • 21 Nov 2017
  • Updated: VW China joins ABS party with comeback deal

    Volkswagen Finance (China) is gearing up for its third appearance this year in the Chinese asset-backed securities market, plotting a Rmb3.5bn ($528.1m) deal. The transaction comes amid a flurry of foreign name originations in China in recent weeks.

    • 20 Nov 2017
  • Toyota China seals year’s second ABS deal

    Toyota Motor Finance (China) has sealed a Rmb3bn ($452.7m) transaction in the Chinese asset-backed securities market — its second deal in the country this year. While the trade was wrapped up successfully, the issuer’s efforts to woo Bond Connect investors appeared to have been in vain, said sources.

    • 20 Nov 2017
  • Cofco Womai, Hebei Construction market HK IPOs

    Cofco Womai, an online food products retailer, began investor education for its potential $600m Hong Kong IPO on Monday, said a source close to the deal.

    • 20 Nov 2017

China Merchants Securities Co Ltd In The Key League Tables

Asset Rank STLY Amount $m No of issues Share % STLY Share %
  • Last updated
  • 12 Dec 2017
Bookrunners of Global Structured Finance 16 17 14,566.19 46 1.59% 1.09%
Bookrunners of Asia-Pac (ex-Japan) ECM 16 19 4,319.63 38 1.68% 1.58%
Bookrunners of China Domestic DCM 4 3 61,066.08 286 4.26% 5.25%

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 417,761.51 1606 9.02%
2 JPMorgan 380,362.89 1737 8.21%
3 Bank of America Merrill Lynch 364,928.71 1322 7.88%
4 Goldman Sachs 269,252.76 932 5.81%
5 Barclays 267,252.43 1082 5.77%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 45,449.36 196 6.56%
2 BNP Paribas 38,734.80 217 5.59%
3 Deutsche Bank 37,615.10 139 5.43%
4 JPMorgan 34,724.19 118 5.01%
5 Bank of America Merrill Lynch 33,835.53 112 4.88%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 22,475.46 105 8.65%
2 Morgan Stanley 19,057.00 101 7.34%
3 Citi 17,812.08 111 6.86%
4 UBS 17,693.89 71 6.81%
5 Goldman Sachs 17,333.10 99 6.67%