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Asia recovery will be world-beating, says UBS

June 30, 2009  

From Aaron Pan

Regional economies are better placed to mount a sustained recovery because the region boasts better fundamentals, stronger domestic demand and greater available liquidity, says Yonghao Pu, head of UBS wealth management research.

Asian economies are better placed than global counterparts to see a sustained recovery because of stronger domestic demand and greater liquidity, the regional chief investment strategist for UBS wealth management says.

“In the second half of the year, global demand...


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OFFSHORE RENMINBI DCM

Rank Bookrunner Value ($m) No. %Share
1 HSBC 2,717 31 19.6
2 Standard Chartered Bank 1,889 26 13.6
3 Bank of China Ltd 1,561 17 11.2
4 Deutsche Bank 893 13 6.4
5 Industrial & Commercial Bank of China - ICBC 827 12 6.0
6 Agricultural Bank of China Ltd 607 7 4.4
7 Goldman Sachs 570 8 4.1
8 Citi 569 8 4.1
9 China International Capital Corp Ltd 461 5 3.3
10 DBS 442 9 3.2
Subtotal 10,534 72 75.9
Total 13,886 81 100.0

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