Asia Pacific

A pair of toy retailers are hoping to list in Hong Kong, filing their respective IPO applications with the stock exchange recently. Investors could be forgiven for confusing the two.

Shinhan Bank has hired five firms to arrange a global roadshow gauging interests for what would be the South Korean commercial bank's second outing in US dollars this year.

Saudi Arabia considers issuing its first Panda bond, Ministry of Finance (MoF) plans to roll over Rmb600bn ($90.1bn) of debt by issuing special treasury bonds, and the Chinese premier piles pressure on state-owned enterprises (SOEs) directly owned by the State Council to deleverage more rapidly.

Future Supply Chain Solutions, one of India’s largest third-party logistics firms, is preparing to go public in a deal that is expected to raise around $100m, according to a banker working on the transaction.

Carnival Group International Holdings said its HK$2bn ($260m) rights issue will be available for subscription by Stock Connect investors in the Mainland.

A DBS-led syndicated loan for photovoltaic power plant developer Beijing Enterprises Clean Energy has been increased to HK$1.78bn ($227.5m) from HK$1.2bn.

Chengdu Dongfang Guangyi Investment Co will sell bonds in US dollars, according to a local authority.

Chinese banks have long played a leading role in Asia’s syndicated loan market through their Hong Kong branches. But a greater use of onshore branches, as well as those based in the West, is presenting new opportunities for borrowers in the region. Shruti Chaturvedi reports.

Investors have rejected the Hong Kong Stock Exchange’s latest attempt to allow dual-class shares, after a market consultation ended last week. Whether this will thwart HKEX's bid to woo more technology issuers is yet to be seen, but the decision will have huge repercussions for the market. John Loh writes.

China Jinmao Holdings Group returned to the market on Thursday with a tap to a bond it sold in June, hoping to reach its regulatory cap of $500m.

The 144A bond market used to offer the cream of Asian issuers access to a liquid, savvy investor base. But although the market remains relevant for Asian banks and corporations, many are increasingly deciding that regional demand is more than good enough. Addison Gong reports.

Cromwell European Real Estate Investment Trust was set to begin investor education for a potential S$1.6bn ($1.2bn) Singapore IPO this week, according to a source close to the deal.