Latest sector analysis

  • The lowdown: China ABS market report

    China Central Depository and Clearing (CCDC) published its biannual report on China’s asset backed securitization (ABS) market on August 8. It recommended regulators loosen up liquidity, provide incentives to attract more participants, and test the waters by opening an offshore ABS market. Here’s a quick guide to what CCDC said.

    • 16 Aug 2017
  • Philippine Bank Regulation: Protect and serve

    Philippine bank supervisors, like their counterparts elsewhere, face a complex and often thankless task. But unlike regulators in many other countries, they also face the risk of being taken to court and suspended from their jobs if banks decide to bite back. The problem is a longstanding one, but it is finally starting to be addressed, as Matthew Thomas reports.

    • 21 Aug 2015
  • Sustainable growth: DBS keeps ambitions on track

    DBS is just three years younger than Singapore, which celebrates its 50th anniversary this year. The bank's steady rise has mirrored that of the city-state, but chief executive Piyush Gupta is hoping it is now positioned to seize the opportunities of a fast-growing region better than its competitors. Mark Baker reports.

    • 21 Aug 2015
  • Australian Power Privatisations: Back on the agenda

    Many years after the Australian states of Victoria and South Australia privatised their electricity assets, New South Wales, Queensland and Western Australia are finally discussing similar moves. But the processes are fraught with political sensitivity and corporate machinations. Ben Power reports.

    • 21 Aug 2015
  • Asiamoney Commodities Hedging Roundtable: The crucial balancing act

    Economic historians looking back at the last few years will be sure to pay close attention to the interest rate environment, the changing banking landscape, and the gradual rise of the offshore renminbi — but they will also be forced to encounter the evidence of wild swings in commodities prices. It may come as a surprise, in this context, that many companies in Asia are still choosing to leave their commodities exposure unhedged, despite the ever-improved ability of their bankers to help them navigate the choppy waters of the global commodities markets. Asiamoney sat down with one of the leading commodities banks in Asia, as well as with two prominent executives with experience of the commodity hedging markets, to size up just how deep those options are at the moment, as well as to ask what changes still need to be made to convince more companies that hedging is the right step.

    • 25 Jun 2015
  • ESMA, ASIC agree to first MoU under EMIR

    The European Securities and Markets Authority (ESMA) signed a memorandum of understanding (MoU) with the Australian Securities and Investments Commission (ASIC), which grants Australian authorities access to derivative contracts data from EU trade repositories (TRs) outside of their jurisdiction.

    • 05 Dec 2014
  • Malaysian bourse launches new bond futures

    Bursa Malaysia Derivatives has launched enhanced five year bond futures, providing market participants with a tool to help manage risk in an environment governed by central bank interest rate policies.

    • 03 Dec 2014
  • Foreign banks consider branching into Thai banking

    Nine months after Japan’s Bank of Tokyo Mitsubishi UFJ acquired a 72% stake in Thailand’s Bank of Ayudhya, analysts predict a further shakeout amongst the country’s 16 commercial banks. How much further does consolidation of Thailand’s banking sector have to go? Ben Davies reports.

    • 26 Sep 2014
  • Murray’s inquiry could leave Australia bank profits flagging

    Former Commonwealth Bank of Australia chief executive David Murray has become the industry’s head inquisitor, spearheading a review into financial reform. His views could force the country’s ‘big four’ banks to hold a lot more capital. Ben Power reports.

    • 22 Sep 2014
  • Indian bank hybrid bond sales to retail investors could struggle

    Analysts expect a shift in Reserve Bank of India rules over additional Tier 1 capital to lead state banks to target deals at retail investors. But the volume of deal flow could overwhelm this budding buyside sector.

    • 11 Sep 2014

Sector analysis 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.