Latest People & Markets news
China policy round-up: SFC shelves ETF Connect, Chinese VCs to receive more tax cuts, China-HK expand economic cooperation
In this round up, Hong Kong's Securities and Futures Commission put an ETF link on hold, venture capital funds will get more tax cuts, and Hong Kong signed up to the fourth closer economic partnership agreement with the Mainland.
China market round-up: lending rebounds in November, Chinese auto industry in danger, international renminbi usage falls
In this round-up, total social financing (TSF) rebounded in November, auto sales plummeted for the fifth consecutive month, and Standard Chartered’s renminbi globalisation index (RGI) fell for the first time in six months.
Trade war diaries: relationship on rollercoaster as trade sees progress, diplomatic standoff worsens
China has rolled out trade concessions to the United States, signalling a willingness to negotiate before the trade war gets out of control. But it has also increased its rhetoric over the arrest of Huawei’s chief financial officer in Canada.
The Hong Kong Stock Exchange and its counterparts in Shanghai and Shenzhen have reached a deal to include companies with dual-class shares on the southbound trading of Stock Connect.
The depository arm of Canada’s TMX Group is testing a bond link with the Shanghai Clearing House, offering the latest way for foreign investors to access China’s onshore bond market. But while the new link will give Canadian and US investors more freedom to choose onshore dealers, it is unlikely to address some investors’ worries over privacy.
Hong Kong Exchange and Clearing hired from Citi's Hong Kong team in a bid to boost its post-trade capabilities on Stock Connect and beyond.
The Hong Kong Stock Exchange and its counterparts in Shanghai and Shenzhen reached a consensus to include companies with dual-class shares on the southbound trading of Stock Connect.
The week in renminbi: China’s FX reserves rise, BNP Paribas receives lead underwriting license for Panda bonds, exchanges agree on including companies with weighted voting rights
In this round-up, the People’s Bank of China (PBoC)’s foreign exchange reserves increased for the first times in three months, BNP Paribas became the third international bank to receive a lead underwriting license for corporate Panda bonds, China’s exchanges agreed on including weighted voting rights stocks in Stock Connect trading.
China policy round-up: Trade war truce brews more uncertainties, China upgrades cooperation in Latam, CFFEX plans to lift bans on stock-index futures trading
In this round-up, Trump was confident China would deliver on promises from G20 dinner, China signed several cooperation agreements in Panama and Argentina, China Financial Futures Exchange (CFFEX) planned to lift bans on trading stock-index futures to boost market activity.
China market round-up: CICC UK gets role on London Connect, S&P and FTSE Russell adjust China-A shares weighting, China sees larger October capital outflows
In this round-up, China International Capital Corporation UK (CICC UK) became Stock Connect’s first depository receipt conversion institution, S&P and FTSE Russell added China A-shares to their indices, and October capital outflows from China jumped while outflows from other emerging markets stayed flat.
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!Free trial
Read the magazine on your mobile device
Latest news by market and league table performance
GlobalRMB Panda Bonds league table
|Rank||Arranger||Share % by Volume|
|1||China Merchants Securities Co||15.31|
|2||Industrial and Commercial Bank of China (ICBC)||12.35|
|4||Agricultural Bank of China (ABC)||7.60|
|5||China CITIC Bank Corp||6.76|
Panda Bond Database
|Pricing Date||Issuer||Country||Size Rmb (m)|
|1||06-Dec-18||China Gas Holdings||China||1,300|
|3||26-Nov-18||Beijing Enterprises Clean Energy||China||2,800|
|4||15-Nov-18||Sun Hung Kai Properties||Hong Kong||1,200|
|5||12-Nov-18||Global Logistic Properties via Iowa China Offshore Holdings||Hong Kong||1,500|
Offshore RMB Bond Top Bookrunners
|Rank||Bookrunner||Share % by Volume|
|1||Standard Chartered Bank||30.97|
|4||Bank of China (BOC)||3.68|
|5||Bank of Taiwan||3.30|
Latest Offshore RMB Bonds
|Pricing Date||Issuer||Country||Size Rmb (m)|
|1||03-Dec-18||Huzhou Communications Investment Group||China||500|
|2||22-Nov-18||Bank of China Tokyo Branch (BOC Tokyo)||China||800|
|4||13-Nov-18||Bank of China (Hong Kong) (BOCHK)||China||1,000|
|5||19-Sep-18||Agricultural Development Bank of China (ADBC)||China||1,200|