Latest equity-linked news

  • Credit Suisse's Apac head of equity-linked retires

    Credit Suisse’s head of equity-linked origination for Asia Pacific is retiring from the industry after 17 years with the bank, sources said.

    • 05:00 AM
  • China Hongqiao strikes $1bn equity deal with Citic

    China Hongqiao Group, which has been accused of alleged fraud and suspended from trading for almost five months, has struck a $1bn equity financing agreement with Citic Group Corp.

    • 16 Aug 2017
  • Third senior banker leaves Goldman for HSBC

    A third equity banker has left the senior ranks of Goldman Sachs in Hong Kong to join HSBC, following Chito Jeyarajah’s recent exit from the US bulge bracket firm.

    • 15 Aug 2017
  • Focus shifts to EBs in quiet year for equity-linked

    Amid a slow year for equity-linked issuance in Asia, bankers are pinning their hopes on exchangeable bonds to make up for the shortfall. A template has emerged on the back of Postal Savings Bank of China’s $1bn EB, as cornerstone investors in Hong Kong IPOs look to monetise their stakes at a premium. John Loh reports.

    • 10 Aug 2017
  • Asia equity-linked banker exits Goldman

    Dave Sandor is no longer with Goldman Sachs, where he oversaw equity-linked origination, structuring and execution across Asia Pacific and onshore China.

    • 09 Aug 2017
  • Bumi Resources digs up $2.6bn from rights, CB

    Indonesia’s Bumi Resources has raised Rph35.1tr ($2.6bn) from the sale of rights shares and mandatory convertible bonds, in a bid to shed debt.

    • 31 Jul 2017
  • HK banks shake up ECM senior ranks

    The musical chairs in Hong Kong’s equity capital market hit a crescendo this week, as senior bankers from both bulge brackets and Chinese firms took turns swapping seats. With several positions still left to be filled, the movement is unlikely to stop soon. But all this points to a sustained rise in business, writes John Loh.

    • 27 Jul 2017
  • Shanghai Port sells $1bn PSBC exchangeable

    Shanghai International Port Group (SIPG) has pocketed $1bn after it cashed in a chunk of its H-shares in Postal Savings Bank of China with a dual-tranche exchangeable bond, drawing in outright investors keen to build a large position in a notoriously illiquid stock.

    • 27 Jul 2017
  • CLSA, BOCI reshuffle top ECM syndicate ranks

    Citic CLSA Securities has brought in Steve Lam to helm its equity syndicate team, while also naming Nathan McMurtray to lead its charge into the equity-linked market.

    • 25 Jul 2017
  • Singha Estate sells $230m CB, block combo

    Thai property developer Singha Estate raised $229m on Wednesday from its first visit to the equity capital market, tapping international and domestic investors with a convertible bond and share placement combo.

    • 13 Jul 2017

Equity-linked news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 CITIC Securities 30.19
2 China CITIC Bank Corp 12.38
3 Bank of China (BOC) 11.61
4 Everbright Securities 10.84
5 China Merchants Bank Co 10.06

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Aug 2017
1 CITIC Securities 8,097.43 46 5.53%
2 Goldman Sachs 7,852.12 33 5.37%
3 China International Capital Corp Ltd 7,824.36 37 5.35%
4 UBS 6,615.59 48 4.52%
5 Citi 6,126.08 41 4.19%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Aug 2017
1 HSBC 23,545.07 151 8.81%
2 Citi 19,731.61 125 7.38%
3 JPMorgan 16,539.95 93 6.19%
4 Standard Chartered Bank 12,677.71 92 4.74%
5 Bank of America Merrill Lynch 11,943.66 69 4.47%

Asian polls & awards

  • RMB internationalisation: 10 questions for the market, part 2

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the final five questions.

  • RMB internationalisation: 10 questions for the market, part 1

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the first five questions.

  • Made in China: The best banks and deals of 2016

    You know who won, now find out why. GlobalCapital Asia and Asiamoney present the extended results of our 2016 China Deals and Investment Bank of the Year awards, recognising achievement both on and offshore.

  • Asia’s standout deals

    GlobalCapital Asia and Asiamoney present the extended results for our 2016 Best Country Deals. Discover why these bond, equity and loan transactions delivered outstanding outcomes for issuers and investors.

  • Aussie award winners: The best banks and deals of 2016

    The names have been announced, now find out why they stood out from the crowd. GlobalCapital Asia and Asiamoney present the extended results for our 2016 Australia Deals and Investment Bank of the Year awards, recognising achievement in equities, bonds, loans and investment banking.