Daiwa Securities eyes Asian domestic growth stocks

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Daiwa Securities eyes Asian domestic growth stocks

November 25, 2009

From Aaron Pan

The global recession has passed and Asian economies will drive growth as they become less dependent on trade from the West, the brokerage says. It recommends investing in energy, commodity, infrastructure, property and consumer assets in the region to tap this trend.

The global recession is over and Asia will continue to lead global growth over the next five years, according to Daiwa Securities.

The Japanese brokerage tips Asian economies to become less dependent on trade with western countries and to increase...

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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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