The GlobalCapital View

  • Rubio is wrong to want to block Ant IPO

    Rubio is wrong to want to block Ant IPO

    US senator Marco Rubio wants his government to find a way to delay the listing of Ant Group, even though it is happening outside of the US. The move would undoubtedly be bad news for US banks but it also appears to offer little upside to politicians.

  • Asian bond issuers: time is running out

    Asian bond issuers: time is running out

    Asian borrowers looking to tap the international dollar bond market this year have only a small window of opportunity to raise funds. They should act quickly.

  • Korea’s equity boom: it’s now or never

    Korea’s equity boom: it’s now or never

    South Korea is in the middle of an equity bubble. Investors are piling in at a rate not seen in the past decade, pushing stock valuations in secondary and primary markets far above realistic levels. Companies should make the most of this opportunity – it won’t last.

  • Taiwanese banks should hold their ground on loan pricing

    Taiwanese banks should hold their ground on loan pricing

    Formosa Plastics Corp is preparing to set a new pricing benchmark with its planned $2bn loan, which bankers reckon could set a record low for a borrower from Taiwan. If the company succeeds, this could set a dangerous precedent for the long-term health of Asia’s loan syndication market.

  • BOC lays blue foundation; now others should follow

    BOC lays blue foundation; now others should follow

    Bank of China has opened a new area of sustainable investing with Asia’s first blue bond. The excitement over the potential for sustainable ocean-related financing in the region is justified — but the market should temper its expectations.

  • Asia’s answer to green bond push lies in China property

    Asia’s answer to green bond push lies in China property

    Green dollar bonds from Chinese high yield real estate developers are rare, but property companies have the potential to push the green market in the region to the next level — and see some pricing benefits in the process.

  • Singapore: a case study for Libor transition

    Singapore: a case study for Libor transition

    Singapore has been a front-runner when it comes to moving away from Libor to a new benchmark, with its regulators, borrowers and banks playing an active role in preparing the market. The rest of Asia’s loan market should pay attention.

  • ESG investors: be careful with supply chains

    ESG investors: be careful with supply chains

    Environmental, social and governance investors are taking an interest in companies' supply chains at last. It is important they do this in a sophisticated way and think deeply about the potential repercussions. Getting supply chains wrong could have devastating consequences.

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