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New CNH measures herald next stage of offshore market

June 28, 2012  


From Lorraine Cushnie

The 15th anniversary of the handover of Hong Kong to China will include a series of measures to boost offshore renminbi, marking the next stage in the development of the CNH market, say analysts.

The offshore renminbi market is about to enter a new phase of greater liquidity and cross-border flows if reports of new measures to enhance the market come true, say analysts.

Chinese language media reports than when President Hu Jintao visits...


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SOUTHEAST ASIA DCM

Rank Bookrunner Parents Deal Value $ (Proceeds) (m) No. %share 2012 YTD Rank
1 Standard Chartered Bank 3,991 32 8.9 2
2 HSBC 3,710 35 8.3 4
3 Goldman Sachs 3,333 2 7.4 12
4 Deutsche Bank 2,895 14 6.4 8
5 Citi 2,774 9 6.2 5
6 JPMorgan 2,288 7 5.1 3
7 DBS 2,106 25 4.7 1
8 Siam Commercial Bank 1,835 16 4.1 21
9 Barclays 1,586 3 3.5 9
10 CIMB Group 1,523 27 3.4 13
Subtotal 26,040 123 57.9
Total 44,958 212 100.0



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