SOVEREIGN FINANCE - Making Hong Kong count

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SOVEREIGN FINANCE - Making Hong Kong count

November 01, 2004 (Last updated: November 26, 2008)

In 11 years at the helm of the Hong Kong Monetary Authority, Joseph Yam has witnessed massive economic transformation in China and the upheaval of the Asian financial crisis. He argues that Hong Kong must be able to conduct high-value transactions in renminbi to preserve its role as a financial centre, and predicts that the region's foreign exchange reserves will be increasingly invested in Asia.

AM: What pressing challenges do you face over the next 12 months? JY: Financial markets around the world seem to be in a rather nervous mood lately. There are two issues of particular concern; the timing and the extent...

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SOUTHEAST ASIA DCM

Rank

Bookrunner Parents

Deal Value $ (Proceeds) (m)

No.

%share

2012 YTD Rank

Standard Chartered Bank

3,991

8.9

HSBC

3,710

8.3

Goldman Sachs

3,333

7.4

Deutsche Bank

2,895

6.4

Citi

2,774

6.2

JPMorgan

2,288

5.1

DBS

2,106

4.7

Siam Commercial Bank

1,835

4.1

Barclays

1,586

3.5

CIMB Group

1,523

3.4

Subtotal

26,040

123

57.9

Total

44,958

212

100.0

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