Latest RMB investment news

  • BNPP: Govvies, NCDs to remain foreign favourites in China

    A new group of investors is set to arrive in China's bond market as index providers prepare to include Chinese bonds in their benchmarks. But these new entrants will likely follow the path set by institutional investors in China, sticking with government bonds and short-dated paper, according to BNP Paribas.

    • 17 Apr 2018
  • China's onshore dollar bond market to take off, says BNPP

    China's onshore dollar bond market could provide an alternative to quota-based outbound investment schemes, allowing banks a novel way of deploying their dollar deposits, according to a senior trader at BNP Paribas.

    • 17 Apr 2018
  • China in the Year of the Dog: Banking on change

    In the second of a four-part series of articles on China’s financial transformation, GlobalRMB considers the nation’s banking reforms, which will allow a horde of foreign banks to gain more traction in the country. At the same time, Chinese banks are moving in the opposite direction.

    • 02 Mar 2018
  • China in the Year of the Dog: Bond market reforms

    China’s startling transformation continued last year, with the opening up the domestic bond market to foreign investors, the rise in renminbi volatility, and an all-important party meeting that cemented the power of Xi Jinping. Over the course of four in-depth articles, GlobalRMB will examine the key themes that will define this transformation in 2018. First up: the move to bring more foreign bond investors into the country.

    • 28 Feb 2018
  • The week in renminbi: China sets date for oil futures launch, Philippines wins approval for Panda debut, offshore investors hold more Chinese bonds

    China unveils plans to kick start RMB-denominated oil futures next month, the Philippines gets regulatory greenlight for its Panda bond issuance, and foreign ownership of bonds in the interbank bond market rises again in January.

    • 12 Feb 2018
  • Luxembourg ready for increased RMB flows, says fund body

    Renminbi bullishness has served Luxembourg well. The tiny country has enjoyed substantial China-related fund flows in 2017, largely thanks to a wider offering of investments, Marc Andre Bechet, director of legal and tax at the Association of the Luxembourg Fund Industry (Alfi), told GlobalRMB.

    • 30 Jan 2018
  • BNP Paribas: London Stock Connect drawing interest

    China and the UK have still not announced the launch date of the London-Shanghai Stock Connect, but international investors are already positioning themselves to get the most out of the new link, Gary O’Brien, a senior custody banker at BNP Paribas, told GlobalRMB.

    • 29 Jan 2018
  • Panda bonds: Banks eye growth from relaxed rules

    China’s Panda bond market looks set to spring to life this year, with long-awaited guidelines said to be coming within the next two weeks. GlobalRMB takes an in-depth look at the potential for Panda bonds — and the hurdles that need to be cleared.

    • 26 Jan 2018
  • Bundesbank eyes small RMB allocation for FX reserves

    Germany's domestic central bank said this week that it would start buying renminbi assets. Andreas Dombret, a member of the board at the Bundesbank, indicated to GlobalRMB that the central bank — like others in the developed markets — would follow the European Central Bank’s small initial allocation to the currency.

    • 19 Jan 2018
  • China to loosen outbound grip in 2018

    With growing demand for overseas investment, Chinese regulators could release new outbound investment quotas in 2018 by rebooting the qualified domestic institutional investor (QDII) programme and launching a two-way ETF Connect with Hong Kong.

    • 05 Jan 2018

RMB investment news archive

GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 China Merchants Securities Co 18.04
2 Agricultural Bank of China (ABC) 15.83
2 CITIC Securities 15.83
4 China CITIC Bank Corp 14.25
5 Industrial and Commercial Bank of China (ICBC) 11.08

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 23-Apr-18 CAR Inc Hong Kong 730
2 11-Apr-18 China Jinmao Holdings China 3,000
3 11-Apr-18 Global Logistic Properties via Iowa China Offshore Holdings Hong Kong 1,200
4 04-Apr-18 China Resources Land China 4,000
5 03-Apr-18 Global Logistic Properties via Iowa China Offshore Holdings Hong Kong 4,000

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 Standard Chartered Bank 31.68
2 HSBC 13.57
3 Bank of Taiwan 5.50
3 Cathay United Bank 5.50
5 Societe Generale Securities Services 4.77

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 24-Apr-18 CAR Inc China 350
2 19-Apr-18 Shui On Development (Holdco for Shui On Land) China 600
3 10-Apr-18 Bank of China Taipei Branch (BOC Taipei) China 3,000
4 27-Mar-18 Daimler International Finance Germany 1,000
5 26-Mar-18 CAR Inc China 400