Hong Kong BB deal flow/prestige ranking?

What is the general ranking of BBs in HK, in terms of deal flow/prestige? I can read the league tables, and I know UBS performs really well in Asia, but which banks get the sexiest deals?

 

The banking pecking order in HK is very different than NY/LDN. Throw away all the junk about "best groups", "sexy deals" - it doesn't really exist here. If you want to know which firm is best for you specifically, you need to give more info. How bad do you want buyside exits, are you an M&A or cap markets person, etc.

 

Well to be perfectly honest there's no huge difference in PE placement in HK among different BB M&A groups. Apart from Barclays (which has a pretty hemorrhaged franchise) and GS (which doesn't have M&A) all the other BB M&A teams seem to have very good placement to PE. PE recruiting in HK seems to depend a lot less on the firm and dealflow.

Buyside as an exit is also less common in HK BBs. Exit to buyside roles in Mainland? Much less common. Mainland buyside roles require HK bankers to be something they typically can't - 接地氣. Those that exit to mainland pretty much are all mainland-born.

That said, among just those I've heard of, the exits in the past few yrs have been:

DB to RRJ, Warburg Pincus MS to TA Associates, Temasek, KKR BAML to TPG, Hillhouse JPM to KKR CS to TPG UBS to Warburg Pincus

 
aptbc:
I think GS should be higher than J.P.Morgan, and DB/CS should be higher than BAML.
BBBold:
Macquarie should deserve a spot in the top ten

Can you guys give a reason? Any insight into why your opinion is like this would be greatly appreciated.

 
calden:
Citi is doing ok in HK, i think How about CICC? it has lots of connections with Chinese companies.
CICC is undoubtedly great, but it's not a BB... Chinese banks including CICC, BOCI and CITIC are all good in HK market, due to their great mainland coverage.
 
calden:
BEST INVESTMENT BANKS - 2009 http://www.gfmag.com/tools/best-banks/1843-the-best-investment-banks.ht…

ASIA

Best Investment Bank China International Capital Capital Corporation (CICC) Best Equity Bank China Citic Bank Best Debt Bank Citi Best M&A Bank China International Capital Capital Corporation (CICC)

ASIA

China/Hong Kong China International Capital Corporation (CICC)

still..everyone has his own ranking list.

actually I think we are talking about the BB rankings in HK

 

Thanks for the link. I've read the thread.

What doesn't make sense to me is the following: if all the different banks/groups get recruited to buyside, how does buyside recruiting even work then? I'm assuming it still happens through HH, and if that's the case, do HH's just reach out to every single analyst at every single reputable bank? Wouldn't that be wildly inefficient?

Regardless of whether the name of your bank actually makes a significant difference, it has to be the case that some banks send more analysts to PE than others, right?

Would appreciate any input!

 

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