editorial-contents-r1:AMM grid in qxp 12/24/09 9:46 AM Page 2
ASIAMONEY DEC2009/JAN2010
Aiming to enter China’s market
“ValuationsaremuchhigherinChina
COVER STORY
becausethemarketiseuphoricat
32 Chinalooksforbillionstofillbank
themoment.Wewillseeacoupleof
redchipslistingin2010butonce
fundinghole
themarketopens,it’llbehardto Beijing wants its major financial institutions to raise
stopthemomentum.Youcouldseea
vast amounts of capital to sustain theirlending. The
wholewaveofthemafterthat.”
equity deluge will challenge the priorities of
Page 25 sovereign wealth funds and large fund managers
alike.PamelaTangreports.
FEATURES
MARKET REVIEW & OUTLOOK DEALS OF THE YEAR
22 Ayearofpolaropposites 36 Thetoptransactionsof2009
Thedespondencyoftheearlypartof2009rapidlygavewayto China'slargestoffshoreacquisition,itsfirstinternationalphar-
vastamountsofequityanddebtissuance.Withpipelinesstillfit maceuticalIPO,thePhilippineslargestlocalcorporatebondand
toburst,thecomingyearbodeswellforfurtherdealflow. theyear'sbiggestleveragedfinancing.ASIAMONEYrevealsthe
Richard Morrowreports. topregionalcapitalmarketsdealsof2009.
EQUITY AWARDS
25 Offshoreissuersaimtoenter 41 Asia’sstand-outadvisers
China’sforbiddenfinancialcity
Adaptabilityanddeterminationwerethekeyattributesneeded
Afteryearsoftalkbutlittleprogress,themainland’sregulators
toexcelinahighlyvolatile12monthsforAsia’scapitalmarkets.
couldsoongivethego-aheadforinternationalissuersandred-
ASIAMONEYrevealswhichinstitutionsstoodbytheirclients
chipcompaniestolistsharesinShanghai. Aaron Pan investi-
throughthickandthin.
gateswhowillbethefirst.
AWARDS
INVESTMENT BANKING 43 Corporatechampionsandoutstandingexecutives
28 ClockistickingonDaiwa’sdesiretogrow
Aclearbusinessstrategy,well-communicatedbusinessgoalsand
TheJapanesebankwantstobuilditsregionalfranchiseafter
opportunismweresomeofthetraitspossessedbyAsia'smostsuc-
dissolvingitsonshorejointventurewithSumitomoMitsui.But
cessfulcompaniesduring2009.ASIAMONEYspeakswithfund
needstobequickifitwantstofulfilitsambitions,asfierce
managersandanalyststodeterminedthebestmanagedsmall,
competitionisbuildingathomeandabroad. Peter McGill
mediumandlarge-capcompaniesandthetopexecutivesfrom
reports.
acrosstheregion.
2 DEC2009/JAN2010 ASIAMONEY
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80