Beijing/Hong Kong – Monday, 27 Oct, 2020 – CITIC Securities and its international platform CLSA have been honoured with four awards in the Asiamoney China Corporate and Investment Banking Awards 2020. CITIC Securities was awarded Best securities House, Best securities house for domestic debt capital markets, Best securities house for domestic equity capital markets, while CLSA was named Best for cross-border M&A, a testimony to CLSA’s strong track record in this field.
These accolades recognise not only CITIC Securities’ strong onshore investment banking capabilities but also the seamless cooperation between CLSA and CITIC Securities. Such a collaboration created “a powerful double-act for M&A advisory”, highly acclaimed by the judging panel.
Mergermarket M&A report shows CITIC Securities and CLSA ranked number one in M&A for deal count within the Asia ex-Japan region in 2019. For Hong Kong market alone, CLSA advised and announced five M&A deals with a total deal value of US$ 12.7 billion in 2019, ranked number one in terms of deal value among all the major investment banks.
CLSA demonstrates a strong ability in advising milestone transactions such as the privitization of Huaneng Renewables, the largest ever privatization of a Hong Kong listed energy company, and the priviatization of CITIC Envirotech, the first successful privatization deal for over a decade in the Singaporean Stock Exchange.
In addition, CLSA has a competitive edge in helping established businesses to consolidate their market leading position and expand strategically. This showcased in the crucial part CLSA played in Cathay Pacific’s acquisition of HK Express Airways and in Suning.com’s acquisition of Carrefour China. The latter was one of the largest M&A transactions in China’s consumer space in the year.
With a proven track record in the cross-border M&A, CLSA has completed close to 250 deals worth some USD$ 80 billion over the last three decades.
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About CLSA Limited
CLSA, CITIC Securities’ international platform, provides global investors and corporates with insights, liquidity and capital to drive their growth strategies.
Award-winning research, an extensive Asia footprint, direct links to China and highly experienced finance professionals differentiate our innovative products and services in asset management, corporate finance, equity and debt capital markets, securities and wealth management.
As part of CITIC Securities (SSE: 600030, SEHK: 6030), China’s leading investment bank, CLSA is uniquely positioned to facilitate cross-border capital flows and connect China with the world and the world to China.
CLSA operates from 22 cities across Asia, Australia, Europe and the United States. For further information, please visit www.clsa.com.
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