Asia’s top ten largest securities lending balances
12 April 2012 London
Image: Shutterstock
Data Explorers have screened the major Asian markets ex. Japan to look at how securities lending balances are distributed throughout the continent.
In Hong Kong, the top 3 per cent of shares with the greatest value on loan make up 37 per cent of the total value on loan. Australia is even more concentrated, with a similar portion of shares making up 54 per cent of the balance. The smaller Asian markets are the most concentrated, with 60 per cent of the total loan attributed to the top 3 per cent of shares with the highest value on loan, compared to just 30 per cent in the US.
The top 10 Asian shares (ex-Japan) ranked by value on loan are as follows:
1. Tencent Holdings
2. Hong Kong Exchanges and Clearing
3. China Overseas Land & Investment
4. China Mingsheng Banking Corp
5. Lg Electronics
6. China National Building Material Co
7. Anhui Conch Cement
8. Asm Pacific Technology
9. Mediatek
10. Li & Fung
In Hong Kong, the top 3 per cent of shares with the greatest value on loan make up 37 per cent of the total value on loan. Australia is even more concentrated, with a similar portion of shares making up 54 per cent of the balance. The smaller Asian markets are the most concentrated, with 60 per cent of the total loan attributed to the top 3 per cent of shares with the highest value on loan, compared to just 30 per cent in the US.
The top 10 Asian shares (ex-Japan) ranked by value on loan are as follows:
1. Tencent Holdings
2. Hong Kong Exchanges and Clearing
3. China Overseas Land & Investment
4. China Mingsheng Banking Corp
5. Lg Electronics
6. China National Building Material Co
7. Anhui Conch Cement
8. Asm Pacific Technology
9. Mediatek
10. Li & Fung
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