<\/p>\n
The value of IPOs by Chinese issuers also fell to a decade low.<\/p>\n
Investment banking fees generated in China dropped 33% to $5.6b in the first six months of 2023, according to data from the London Stock Exchange Group (LSEG).<\/p>\n
Equity capital markets (ECM) underwriting fees accounted for a large portion of the plunge, dropping 75% to $645.8m in H1 compared to H1 2023. It accounted for 12% of the investment banking fee pool.<\/p>\n
This comes as China\u2019s ECM total fell to its lowest first half period since 2009. The country\u2019s ECM raised just $26.6b in the first half of 2024\u2013 a 66.2% decline in proceeds compared to the first half period of 2023.<\/p>\n
Traditional initial public offerings (IPOs) by Chinese issuers have fallen to a decade low, plunging 81.7% to $5.8b. The number of IPOs is down 65.5% in H1 compared to H1 2023.<\/p>\n
Debt capital markets (DCM) underwriting fees fell by 7% to $4.3b over the same period.<\/p>\n
Primary bond offerings from China-domiciled issuers raised $1.5t, a 1.8% decline compared to a year earlier.<\/p>\n
Completed M&A advisory fees were also 26% lower at $264.5m in H1.<\/p>\n
Syndicated lending fees reached just $332.8b, a 52% decline.<\/p>\n
CITIC is named the leading financial institution in LSEG\u2019s China investment banking fee league tables, with $452.5m in related fees. CITIC also occupies an 8.1% wallet share in H1 2024, according to LSEG.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
The value of IPOs by Chinese issuers also fell to a decade low. Investment banking fees generated in China dropped 33% to $5.6b in the first six months of 2023, according to data from the London Stock Exchange Group (LSEG). Equity capital markets (ECM) underwriting fees accounted for a large portion of the plunge, dropping […]<\/p>\n","protected":false},"author":1,"featured_media":2055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Shanghai-55-977x445.png",977,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Shanghai-55-463x348.png",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Shanghai-55-300x200.png",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Shanghai-55.png",977,650,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=2054"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2054\/revisions"}],"predecessor-version":[{"id":2056,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2054\/revisions\/2056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/2055"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=2054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=2054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=2054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}