Asiamoney Plus Copying and distributing are prohibited without permission of the publisher
Asiamoney Plus watermark

Bond benchmark points the way to intl renminbi

August 18, 2010  

From Aaron Pan

Hopewell Highway Infrastructure became the first non-Chinese company to issue an offshore renminbi bond last month. Its deal reflects an increased willingness from Beijing to internationalise its currency quicker than originally expected, and bankers and investors hope a slew of similar transactions will follow.

Hopewell Highway Infrastructure may be one of the lesser known developers in Hong Kong, but the company made sure of its place in history last month when it became the first non-Chinese corporate to issue renminbi-denominated bonds offshore.

On July...


Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now

Free trial

Taking a free trial will give you access to the last 30-days of content (excluding some polls & awards articles), for two weeks. Start your trial today.

Free Trial



 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

View more tables

Asiamoney Views


Upcoming events


Go To Top