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Business news: the past week in Asia

October 15, 2009  

From Richard Morrow

China and Russia conclude trade talks and HK aims to release more land to head off a property asset bubble. AIG sells its Taiwanese life assurance company, OCBC buys ING's Asia private banking assets and Bumi Resources signs up to an alliance with China's CIC.

AustraliaTelstra Corp. said Canberra’s planned amendments to break up the company could create uncertainties about the planned A$43 billion (US$38.9 billion) national broadband network and destroy shareholder value. The proposed amendments would make the telecom company either split up its...


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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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