Latest markets/regulation news

  • PBoC’s Zhou: No quick change to RMB trading band

    China will not amend the RMB trading band in the near term, Zhou Xiaochuan, governor of the People’s Bank of China, said on October 19. Zhou made the remarks shortly after the central bank defended its recent changes to the FX rate mechanism in a report.

    • 11:00 AM
  • SGX inks dual-listing pact with Nasdaq

    Singapore Exchange (SGX) is stepping up its efforts to attract new listings by partnering with Nasdaq, as Asian issuers increasingly look to tap global investors.

    • 05:00 AM
  • Xi: Give markets bigger role in RMB exchange rate

    China will allow the markets to have a greater influence on the renminbi’s exchange rate, Xi Jinping, president of China, said in the opening speech of the 19th Communist Party Congress on Wednesday.

    • 18 Oct 2017
  • Economic growth no guarantee of RMBi success, says Swift

    China’s economic growth will do little to help promote renminbi internationalisation, according to an October 17 report by Swift. The comment came as the renminbi falls to eighth place in the league table of the world’s most used payment currencies.

    • 18 Oct 2017
  • SFC pulls lawsuit against StanChart, UBS

    Hong Kong’s market watchdog has withdrawn a lawsuit filed against Standard Chartered and UBS over the 2009 IPO of China Forestry Holdings Co, although this does not mark the end of possible enforcement action, according to sources close to the matter.

    • 18 Oct 2017
  • GLP eyes long term funding with interbank Panda

    Global Logistic Properties returned to the Panda bond market with a five year note on October 13, raising Rmb1bn ($151.8m). But unlike its last issuance in 2016, GLP opted for the interbank instead of the exchange market, as the company searches for longer-term RMB funding for its China business.

    • 16 Oct 2017
  • The week in renminbi: PBoC governor urges corporate debt redefinition, China’s GDP growth to hit 7% in H2, IMF, World Bank to hold annual BRI forums

    The governor of the People’s Bank of China says the country should redefine corporate debt, China’s GDP growth could rise to 7% in the second half, and the International Monetary Fund and the World Bank plan annual forums on the Belt and Road Initiative (BRI).

    • 16 Oct 2017
  • HK market warms to Stock Connect investor ID

    Market participants in Hong Kong have welcomed plans by regulators to install a new investor identification mechanism, which will require northbound investors participating in Stock Connect to reveal their identities by the middle of 2018.

    • 13 Oct 2017
  • Markets eye key China meeting as Xi consolidates

    Chinese capital market bankers will be keeping a close eye on a crucial meeting of the country’s Communist Party next week, as China’s president, Xi Jinping, attempts to consolidate his power. Although analysts and economists admit it is hard to read the tea leaves, most think the country’s financial market reform efforts are going to gather pace in the next five years. Paolo Danese reports.

    • 12 Oct 2017
  • China picks banks for rare dollar bond deal

    The Chinese Ministry of Finance (MoF) has begun mandating underwriters to issue two tranches of sovereign dollar bonds – the country’s first outing in the dollar market for more than a decade.

    • 12 Oct 2017

Market/regulation news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.15
2 CITIC Securities 21.52
3 China CITIC Bank Corp 9.93
4 China Merchants Bank Co 9.38
5 Industrial and Commercial Bank of China (ICBC) 7.73

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Oct 2017
1 CITIC Securities 11,427.98 67 5.99%
2 China Securities Co Ltd 9,276.15 41 4.87%
3 China International Capital Corp Ltd 9,104.08 44 4.78%
4 UBS 9,093.85 67 4.77%
5 Goldman Sachs 8,976.54 43 4.71%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,004.30 186 8.21%
2 Citi 25,094.34 154 7.35%
3 JPMorgan 21,049.54 121 6.17%
4 Bank of America Merrill Lynch 17,836.24 92 5.23%
5 Standard Chartered Bank 14,573.61 109 4.27%

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