The bond market of the Shanghai Stock Exchange (SSE) had a steady development in 2014. It gained a greater market size with 2,603 bonds listed and RMB2.28 trillion bonds under custody at the end of the year, a 54% and 32% year-on-year growth respectively; the total bond trading volume in 2014 exceeded RMB86 trillion, a 39% year-on-year growth; meanwhile, the SSE released a series of innovative products including credit-asset-backed securities, securities companies’ short-term bonds, exchangeable bonds, and private placement bonds for mergers, acquisitions and reorganizations. In addition, an array of new businesses such as agreed repo of bonds will be launched, and market innovation is on a fast track.
To encourage and reward excellent institutions and individuals, the SSE sets up 6 awards for institutions including “Outstanding Bond Dealer”, “Outstanding Underwriter of Corporate Bonds”, “Outstanding Sponsor for Listing of Enterprise Bonds”, “Outstanding Market-maker for Treasury Bonds”, “Outstanding Dealer for Treasury Bonds’ Pre-issuance” and “Outstanding Innovative Institution for Bond Business”, and 3 awards for individuals including “Outstanding Bond Trader”, “Outstanding Bond Underwriting Individual” and “Outstanding Bond Business Individual” on the SSE bond market in 2014 according to bond underwriting and trading rankings of the institutions, as well as their contributions to market innovation in 2014.
The winners are:
For Institutions:
1. “Outstanding Bond Dealer”:
Bank of Communications Co., Ltd.
Agricultural Bank of China Co., Ltd.
Pingan Asset Management Co., Ltd.
Taikang Asset Management Co., Ltd.
CITIC Securities Co., Ltd.
Guotai Junan Securities Co., Ltd.
Rongtong Fund Management Co., Ltd.
Fullgoal Fund Management Co., Ltd.
2. “Outstanding Underwriter of Corporate Bonds”
CITIC Securities Co., Ltd.
China International Capital Corporation Limited (CICC)
3. “Outstanding Sponsor for Listing of Enterprise Bonds”
Guosen Securities Co., Ltd.
GF Securities Co., Ltd.
4. “Outstanding Market-maker for Treasury Bonds”
CITIC Securities Co., Ltd.
China International Capital Corporation Limited (CICC)
5. “Outstanding Dealer for Treasury Bonds’ Pre-issuance”
Bank of Communications Co., Ltd.
Guotai Junan Securities Co., Ltd.
6. “Outstanding Innovative Institution for Bond Business”
Guotai Junan Securities Co., Ltd.
China Development Bank Co., Ltd.
For Individuals:
1. “Outstanding Bond Underwriting Individual” (9)
CITIC Securities Co., Ltd.: Wu Yu, Zhang Tianyu
Guotai Junan Securities Co., Ltd.: Zhao Qing, Wu Dike
GF Securities Co., Ltd.: Li Yucheng, Wang Renhui
Guosen Securities Co., Ltd.: Li Sicong, Yu Hao
China International Capital Corporation Limited (CICC): Li Binnan
2. “Outstanding Bond Business Individual” (2)
China Development Bank Co., Ltd.: Liu Fan, Ma Jianxiao
3. “Outstanding Bond Trader” (17)
Bank of Communications Co., Ltd.: Liu Xuan, Yuan Chuyang
Agricultural Bank of China Co., Ltd.: Zhan Chao, Huang Xuan
Pingan Asset Management Co., Ltd.: Lu Wenye, Jiang Wenwen
Taikang Asset Management Co., Ltd.: Zhou Xiaofang, Li Lan
CITIC Securities Co., Ltd.: Zhang Huizi, Kuang Junyu
Guotai Junan Securities Co., Ltd.: Ye Zi’ang, Wu Shuman
Fullgoal Fund Management Co., Ltd.: Yu Xiaobin, Li Xinmeng
Rongtong Fund Management Co., Ltd.: Wang Jingyi, Ke Yajun
China International Capital Corporation Limited (CICC): Li Zi’ang