China’s equity market set to come of age, says BNP

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China’s equity market set to come of age, says BNP

November 23, 2009

From Aaron Pan

BNP Paribas is tipping Chinese equities to outperform those in developed markets as the country continues to open up its domestic financial markets and as its growth rates surge ahead. The French bank is particularly bullish on consumer, health-care, IT, auto and capital goods sectors within China.

China’s equity market will outperform peers in developed nations over the next decade as it opens its domestic financial markets to the outside world, predicts BNP Paribas.

The bank believes that China will transform from the largest emerging market...

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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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