Corporate Finance
& Capital Markets

More than twenty years of Asian capital markets expertise and unrivalled access to China.

Overview

CITIC CLSA Securities is the corporate finance and capital markets business of CLSA and CITIC Securities International.

Established in 2015, CITIC CLSA Securities leverages the deep relationships of CITIC Securities 400+ China bankers and CLSA’s global broking network to offer clients unprecedented access to China and to provide China-based clients with access to global markets.

Through CITIC Securities’ 20 years of operation in China and CLSA’s 30 years of operation across Asia, we provide deep market knowledge and experience to clients seeking corporate finance and capital markets services.

CITIC CLSA Securities team of more than 100 international finance professionals works closely with corporates, governments, insurers and investors and has led many of the most innovative and significant deals across Asia, Australia and Europe.

Services

A full suite of advisory and capital raising services offered across Asia, Australia and Europe.

Capital Markets

As a market leader in Asia for equity and debt capital raising, our highly experienced teams are focused on providing clients with timely and cost-effective access to capital.

CITIC CLSA Securities originates, structures and executes equity and equity linked financing including initial public offerings, follow on offerings block trading and placements. Working closely with CLSA’s broking team we offer clients integrated advice and best execution for placements and global distribution.

Our Debt Capital Markets (DCM) team provides corporations, financial institutions, supranationals, sovereigns and government agencies with tailor-made solutions for their financing needs through an integrated coverage of fixed income capital markets. We aim to provide our clients with a consistent standard of excellence in the areas including offshore Renminbi debt offerings, Asia and global US dollar debt offerings, hybrid capital offerings and ratings advisory services.

In China, CITIC Securities consistently has ranked as the leading issuer of debt for over ten years and consistently ranks in the top five houses for RMB bond secondary trading volumes.

M&A

Our teams of experienced M&A advisors work across borders in partnership with our clients to meet their growth objectives. We devise and execute tailored solutions that include acquisitions, divestitures, mergers, joint ventures, corporate restructurings, recapitalizations, spin-offs, buy-backs, exchange offers, leveraged buyouts and takeover defences.

Sectors

CITIC CLSA Securities operates across a number of sectors active in both China and Asia;

  • Consumer
  • Energy and Chemicals
  • Equipment & Manufacturing
  • Financial Institutions
  • Healthcare & Pharmaceuticals
  • Infrastructure
  • Mining
  • Real Estate
  • Technology, Media and Telecommunications
  • Transportation

Deals

CITIC CLSA Securities is a market leader in equity and debt capital markets and has completed a number of significant ECM, DCM and M&A deals across the region:
 

Equity Capital Markets

Hong Kong, IPOs

  • 3SBio Inc. – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD818mn IPO (2015)
  • BAIC Motor Corp Ltd – Joint Sponsor, Joint Bookrunner of USD1,533mn IPO (2014)
  • Bank of Qingdao Co Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD639mn IPO (2015)
  • Bank of Zhengzhou Co Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner USD754mn IPO (2015)
  • Beijing Urban Construction Design & Development Group Co Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD138mn IPO (2014)
  • CGN Power Co Ltd – Joint Global Coordinator, Joint Bookrunner of USD3,638mn IPO (2014)
  • China Development Bank Financial Leasing Co Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD800mn IPO (2016)
  • China Energy Engineering Corp Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD1900mn IPO (2015)
  • China Huarong Asset Management Co Ltd – Joint Bookrunner of USD2541mn IPO (2015)
  • China Maple Leaf Educational Systems Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD124mn IPO (2014)
  • China Reinsurance (Group) Corp – Joint Bookrunner of USD2115mn IPO (2015)
  • China VAST Industrial Urban Development Co Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD146mn IPO (2014)
  • China Zheshang Bank Co Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD1,938mn IPO (2016)
  • CRCC High-Tech Equipment Corp Ltd – Sole Sponsor, Sole Global Coordinator, Joint Bookrunner of USD360mn IPO (2015)
  • Dynagreen Environmental Protection Group Co Ltd – Sole Sponsor, Sole Global Coordinator, Sole Bookrunner of USD134mn IPO (2014)
  • HKBN Ltd – Joint Bookrunner of USD861mn IPO (2015)
  • Legend Holdings Corp – Joint Bookrunner of USD1,975mn IPO (2015)
  • Luye Pharma Group Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD878mn IPO (2014)
  • Nameson Holdings Ltd – Sole Sponsor, Sole Global Coordinator, Sole Bookrunner of USD89mn IPO (2016)
  • Orient Securities Co Ltd (China) – Joint Bookrunner of USD1,079mn IPO (2016)
  • Poly Culture Group Corp Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD380mn IPO (2014)
  • Q Technology (Group) Co Ltd – Sole Sponsor, Sole Global Coordinator, Joint Bookrunner of USD90mn IPO (2014)
  • Qingdao Port International Co Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD415mn IPO (2014)
  • Regina Miracle International (Holdings) Ltd – Joint Bookrunner of USD245mn IPO (2015)
  • Shanghai La Chapelle Fashion Co Ltd – Joint Global Coordinator, Joint Bookrunner of USD250mn IPO (2014)
  • Universal Medical Financial & Technical Advisory Services Co Ltd – Joint Bookrunner of USD471mn IPO (2015)
  • Wenzhou Kangning Hospital Co Ltd – Joint Sponsor, Joint Global Coordinator, Joint Bookrunner of USD101mn IPO (2015)

Hong Kong, Secondary Transactions

  • China Cinda Asset Management Co Ltd – Joint Bookrunner of USD140mn Secondary Placement (2015)
  • China Galaxy Securities Co Ltd – Joint Placing Agent of USD3,094mn New Shares Placement (2015)
  • China Maple Leaf Educational Systems Ltd – Sole Bookrunner of USD31mn Secondary Placement (2015)
  • China Maple Leaf Educational Systems Ltd – Sole Bookrunner of USD46mn Secondary Placement (2015)
  • CITIC Dameng Holdings Ltd – Sole Placing Agent of USD51mn New Shares Placement (2015)
  • CITIC Ltd – Sole Bookrunner of USD473mn Secondary Placement (2015)
  • CITIC Securities – Sole Global Coordinator, Sole Placing Agent of USD3,490mn New Shares Placement (2015)
  • Evergrande Real Estate Group Ltd – Joint Placing Agent of USD600mn Top-up Placement (2015)
  • Fosun International Ltd – Joint Placing Agent of USD1,199mn Top-up Placement (2015)
  • Future Bright Holdings Ltd – Sole Placing Agent of USD36mn Top-up Placement (2014)
  • Goldpoly New Energy Holdings Ltd – Joint Placing Agent of USD106mn New Shares Placement (2014)
  • Huadian Fuxin Energy Corp Ltd – Joint Placing Agent of USD152mn New Shares Placement (2014)
  • Huaneng Power International Inc. – Sole Placing Agent of USD737mn New Shares Placement (2015)
  • Louis XIII Holdings Ltd – Sole Placing Agent of USD97mn Convertible Bonds (2014)
  • Louis XIII Holdings Ltd – Sole Placing Agent of USD114mn New Shares Placement (2014)
  • Louis XIII Holdings Ltd – Sole Placing Agent of USD68mn New Shares Placement (2015)
  • Macau Legend Development Ltd – Joint Placing Agent of USD176mn Top-up Placement (2014)
  • Man Wah Holdings Ltd – Sole Bookrunner of USD50mn Secondary Placement (2015)
  • Man Wah Holdings Ltd – Sole Bookrunner of USD99mn Secondary Placement (2016)
  • Playmates Toys Ltd – Sole Bookrunner of USD38mn Secondary Placement (2014)
  • Qingdao Port International Co Ltd – Sole Bookrunner on USD49mn Secondary Placement (2015)
  • Vanke Property (Overseas) Ltd – Joint Underwriter of USD21mn Rights Offer (2015)
  • Wanda Commercial Properties (Group) Co Ltd – Joint Underwriter on USD86mn Rights Offer (2014)

Other Markets

  • 7-Eleven Malaysia Holdings Bhd. – Joint Bookrunner of USD225mn IPO (2014) (Malaysia)
  • Asiri Hospital Holdings PLC – Sole Placing Agent of USD52mn Secondary placement (2015) (Sri Lanka)
  • Ayala Corporation – Sole Global Coordinator, Joint Bookrunner of USD275mn Placement (2014) (Philippines)
  • Bloomberry Resorts Corporation – Joint Bookrunner of USD126mn Placement (2014) (Philippines)
  • Bloomberry Resorts Corporation – Sole Bookrunner of USD62mn Placement (2014) (Philippines)
  • Century Pacific Food Inc. – Joint Bookrunner of USD56mn Secondary placement (2016) (Philippines)
  • CESC Limited – Global Coordinator, Bookrunning Lead Manager of USD80mn QIP Issue (2014) (India)
  • IDFC Limited – Bookrunning Lead Manager of USD124mn QIP Issue (2014) (India)
  • IL&FS Transportation Networks Limited – Lead Manager of USD90mn Rights Issue (2014) (India)
  • Indiabulls Housing Finance Limited – Global Coordinator, Bookrunner of USD600mn QIP Issue (2015) (India)
  • IndusInd Bank Ltd – Global Coordinator, Bookrunner of USD799mn QIP Issue & Preferential Allotment (2015) (India)
  • Info Edge (India) Limited – Global Coordinator, Bookrunning Lead Manager of USD124mn QIP Issue (2014) (India)
  • Ingenia Communities Group – Co-Lead Manager of USD40mn Placement (2014) (Australia)
  • Jaiprakash Associates Limited – Joint Global Co-ordinator, Bookrunning Lead Manager of USD250mn QIP Issue (2014) (India)
  • Jardine Cycle & Carriage Limited – Joint Underwriter of USD749mn Rights Issue (2015) (Singapore)
  • JG Summit Holdings Inc. – Joint Global Coordinator, Joint Bookrunner USD200mn Placement (2015) (Philippines)
  • Malakoff Corporation Berhad – Joint Lead Manager of USD885mn IPO (2015) (Malaysia)
  • Pace Development Corporation PCL – Joint Bookrunner of USD29mn Primary placement (2016) (Thailand)
  • Premium Leisure Corp. – Sole Global Coordinator, Joint Bookrunner of USD131mn Secondary placement (2014) (Philippines)
  • Prestige Estates Projects Limited – Joint Book Running Lead Manager of USD100mn QIP Issue (2014) (India)
  • Property Exchange Australia Limited (“PEXA”) – Financial Advisor of USD36mn Further Equity Raising (2016) (Australia)
  • PT Astra Agro Lestari Tbk – Joint Financial Advisor of USD294mn Rights Issue (2016) (Indonesia)
  • PT Bumi Serpong Damai – Joint Global Coordinator, Joint Bookrunner of USD56mn Secondary placement (2015) (Indonesia)
  • PT Bumi Serpong Damai Tbk – Placing Agent of USD29mn Block Trade (2016) (Indonesia)
  • PT Pakuwon Jati Tbk – Joint Bookrunner of USD77mn Placement (2014) (Indonesia)
  • PT PP Properti Tbk – Joint Lead Underwriter of USD70mn IPO (2015) (Indonesia)
  • PT Puradelta Lestari Tbk – Joint Bookrunner of USD78mn IPO (2015) (Indonesia)
  • PT Surya Citra Media Tbk – Sole Placing Agent of USD54mn Block Trade (2014) (Indonesia)
  • PT Surya Citra Media Tbk – Sole Global Coordinator, Joint Bookrunner of USD137mn Secondary placement (2014) (Indonesia)
  • PT Tower Bersama Infrastructure Tbk – Co-Lead Manager of USD122mn Block Trade (2014) (Indonesia)
  • PT Tower Bersama Infrastructure Tbk – Joint Bookrunner of USD30mn Secondary placement (2016) (Indonesia)
  • Reliance Communications Limited – Global Coordinator, Bookrunning Lead Manager of USD1,017mn QIP Issue & Preferential Allotment (2014) (India)
  • Singapore Myanmar Investco Limited – Sole Bookrunner of USD2mn Primary placement (2016) (Myanmar)
  • Singer Sri Lanka PLC – Sole Bookrunner of USD6mn Secondary placement (2016) (Sri Lanka)
  • The Phoenix Mills Ltd – Global Coordinator, Bookrunner of USD45mn QIP Issue (2015) (India)
  • Tree House Education & Accessories Ltd. – Joint Global Coordinator, Joint Bookrunning Manager of USD32mn QIP Issue (2014) (India)
  • Tune Ins Holdings Berhad – Sole Placing Agent of USD14mn Block Trade (2014) (Malaysia)
  • Unique Engineering & Construction PLC – Joint Bookrunner, Placing Agent of USD70mn Secondary placement (2014) (Thailand)
  • Vietnam Milk Product JSC (Vinamilk) – Sole Placing Agent of USD87mn Placement (2014) (Vietnam)
  • WHA Group PCL – Placing Agent of USD47mn Block Trade (2015) (Thailand)
  • WHA Group PCL – Joint Bookrunner of USD60mn Secondary placement (2016) (Thailand)
  • Yoma Strategic Holdings Ltd – Joint Bookrunner of USD76mn Placement (2014) (Singapore)

Debt Capital Markets

  • Bank of China Limited – Joint Bookrunner and Joint Lead Manager for first and largest offshore additional tier one capital offering by a Chinese bank (2014)
  • Bank of Communications Limited – Joint Bookrunner and Joint Lead Manager for debut offshore additional tier one capital offering (2015)
  • China Cinda Asset Management Co., Ltd. – Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager for jumbo USD bond offering by a leading Chinese asset management company (2015)
  • China Development Bank Financial Leasing Co., Ltd.- Joint Lead Manager for debut USD bond offering by leading Chinese financial leasing company (2014)
  • China New Town Development Company Limited – Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager for debut offshore RMB bond offering (2015)
  • CITIC Limited – Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager for jumbo USD bond offering by CITIC Limited, China’s largest conglomerate (2016)
  • CITIC Securities Company Limited – Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager for china’s largest investment bank (2014, 2013)
  • Government of Mongolia – Joint Bookrunner and Joint Lead Manager for the first sovereign offshore RMB bond offering by an Asian Country (2015)
  • Poly Real Estate Group Co., Ltd. – Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager for leading Chinese state-owned real estate developer (2014, 2013)
  • Oceanwide Co., Ltd. – Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager for all high yield bond offerings by leading Chinese real estate developer (2014, 2015, 2016)
  • Shandong Hi-Speed Group – Sole Bookrunner and Sole Lead Manager for first secured offshore RMB bond offering (2012)
  • Swedish Export Credit Corporation – Sole Bookrunner and Sole Lead Manager for first offshore RMB bond offering by an European export credit agency (2013)

Mergers & Acquisitions

  • China Oceanwide Holdings Limited – Sole Financial Advisor on the acquisitions of 100% of a US real estate project and an Indonesian power plant (2015)
  • China Orient Asset Management (International) Holding Limited – Sole Financial Advisor on the acquisition of 50.03% stake in Shanghai Zendai Property Limited (2015)
  • CITIC Securities Overseas Investment Company Limited – Sole Financial Advisor on the acquisition of a 60% stake in KVB Kunlun Financial Group Limited (2015)
  • CITIC Telecom International Holdings Limited – Sole Financial Advisor on the acquisition of 39% equity interest in CITIC Networks Company Limited (2015)
  • Integrated Clinical Oncology Network Pty Ltd – Financial Advisor on the landmark acquisition of Singapore Oncology (2016)
  • Integrated Clinical Oncology Network Pty Ltd – Financial Advisor on the Strategic Joint Venture between Integrated Clinical Oncology Network and Guizhou Yibai Pharmaceutical Co., Ltd (2016)
  • Junkee Media Pty Ltd – Financial Advisor on the sale of Junkee Media to ASX-listed oOh!media Limited (2016)
  • MetroPac Water Investments Corporation – Financial Advisor on the acquisition of a 65% stake in Eco-System Technologies International, Inc. (2016)
  • Security Bank Corporation – Sole Financial Advisor on the sale of a 20% stake to Bank of Tokyo-Mitsubishi UFJ (2016)
  • KrisEnergy Pte Ltd – Financial Advisor on the sale & leaseback of MOPU for Ezion Holdings Limited (2015)

Awards

2017 Awards

China’s Best Investment Bank – Euromoney

Best ECM House in China – Finance Asia

Best Investment Grade Corporate Bond – Global Capital

2016 Awards

Best Equity House in China – Finance Asia

Best Debt House in China – Finance Asia

Best Investment Bank in China – Global Capital

Best Equity House in China – Global Caital