Citic tops Asia-Pacific banking fees as mainland China and Hong Kong IPOs surgeCitic leads Asia-Pacific in fees in the first quarter as IPOs in Hong Kong and mainland China offset weaker debt and M&A activity2-MIN READ2-MIN0ListenPublished: 5:00pm, 9 Apr 2026Updated: 5:02pm, 9 Apr 2026Investment banking fees across Asia-Pacific excluding Japan reached US$5.3 billion in the first quarter of 2026, with China’s Citic Securities ranking as the region’s top earner.The total in the first three months fell 5 per cent from a year earlier, as growth in equity capital markets underwriting was offset by weaker debt capital market and mergers and acquisitions (M&A) activity, according to an LSEG Data and Analytics report on Thursday.Helped by strong fees from its bond underwriting business, Citic earned US$340.6 million, giving it a 6.4 per cent share of the region’s total investment banking fee pool and cementing its No 1 ranking after also leading the table last year.Select VoiceSelect Speed0.8x0.9x1.0x1.1x1.2x1.5x1.75x00:0000:001.00x
SRCSouth China Morning Post
LANGEN
LEANCenter-Right
WORDS155
ENT6
THU · 2026-04-09 · 09:00 GMTBRIEF NSR-2026-0409-60000
NSR-2026-0409-60000News Report·EN·Economic Impact
Citic tops Asia-Pacific banking fees as mainland China and Hong Kong IPOs surge
In the first quarter of 2026, investment banking fees in Asia-Pacific (excluding Japan) totaled $5.3 billion, a 5% decrease year-over-year. Citic Securities of China led the region in earnings, securing the top spot with $340.6 million in fees and a 6.4% market share.
Julie ZhangSouth China Morning PostFiled 2026-04-09 · 09:00 GMTLean · Center-RightRead · 1 min
South China Morning PostFIG 01
Reading time
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155words
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Briefing Summary
AI-generatedNEWSAR · AI
In the first quarter of 2026, investment banking fees in Asia-Pacific (excluding Japan) totaled $5.3 billion, a 5% decrease year-over-year. Citic Securities of China led the region in earnings, securing the top spot with $340.6 million in fees and a 6.4% market share. The LSEG Data and Analytics report attributes Citic's success to its bond underwriting business. While equity capital markets underwriting experienced growth, overall fees were impacted by weaker debt capital market and mergers and acquisitions activity. The surge in IPOs in mainland China and Hong Kong contributed to Citic's leading position in the Asia-Pacific region.
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Model · rule-basedFraming
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Key claims
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The growth in equity capital markets underwriting was offset by weaker debt capital market and mergers and acquisitions (M&A) activity.
factualLSEG Data and Analytics report
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Citic earned US$340.6 million, giving it a 6.4 per cent share of the region’s total investment banking fee pool.
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Total investment banking fees in the first three months fell 5 per cent from a year earlier.
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Investment banking fees across Asia-Pacific excluding Japan reached US$5.3 billion in the first quarter of 2026.
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Citic Securities ranked as the top earner in Asia-Pacific investment banking fees in Q1 2026.
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1 min read · 155 words§ 05
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10 termsinvestment banking fees
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asia-pacific
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ipos
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hong kong
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mainland china
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citic securities
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equity capital markets
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debt capital market
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mergers and acquisitions
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bond underwriting
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