Citi sees slower gains in 2010 Asia equity markets

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Citi sees slower gains in 2010 Asia equity markets

November 30, 2009

From Pamela Tang

The bank’s head of Asia ex-Japan equity strategy, Markus Rosgen, expects the MSCI Asia ex-Japan Index to trade between 520 and 540 points next year. Citi has a North Asia bias and favours Hong Kong, Korea and Taiwan.

Equity investors can look forward to returns of between 9% and 14% in Asia ex-Japan next year, according to a senior Citi strategist.

Markus Rosgen, the bank’s head of Asia ex-Japan equity strategy, told a media briefing in Hong Kong...

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SOUTHEAST ASIA DCM

Rank

Bookrunner Parents

Deal Value $ (Proceeds) (m)

No.

%share

2012 YTD Rank

HSBC

4,160

8.3

Standard Chartered Bank

4,110

8.2

Goldman Sachs

3,666

7.3

Deutsche Bank

3,354

6.7

Citi

2,774

5.5

DBS

2,341

4.6

JPMorgan

2,288

4.5

CIMB Group

2,095

4.2

Siam Commercial Bank

1,835

3.6

RHB Capital Bhd

1,688

3.4

Subtotal

28,311

161

56.2

Total

50,423

249

100.0

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