Asia Pacific

Tuesday turned out to be a big day for aviation related companies with Grand China Air, China Aircraft Leasing Group and Hong Kong Express Airways venturing out with their respective bonds, raising a combined $810m.

Environmental solutions provider China Everbright International is looking to spin off and list its subsidiary China Everbright Greentech (CEG) in a potential $300m IPO as soon as April, according to a banker familiar with the matter.

CLSA has shuttered its domestic equity research business in the US, resulting in the loss of some 90 jobs in research, sales and trading and corporate access.

SAIC-GMAC Automotive Finance is set to make its first auto ABS appearance this year with a Rmb4bn ($582m) Rongteng 2017-1 Retail Mortgage Loan Securitization — the first time it is securitising a subsidised portfolio.

Air India is set for a quick return to the loan market, launching a request for proposals (RFP) for a $250m deal that is divided into a senior and a junior piece.

Goldman Sachs has given additional client coverage responsibilities to its Australia and New Zealand co-heads of investment banking services (IBS) Joe Fayyad and Zac Fletcher, according to two memos on Tuesday seen by GlobalCapital Asia.

India’s Avenue Supermarts, the owner of supermarket chain D-Mart, has set the price range for its IPO, which could raise up to Rp18.7bn ($280m), according to a banker on the deal.

Credit Suisse has made some senior level changes to its Asia Pacific global markets team, which underwent a restructuring in the middle of last year.

Beijing Properties (Holdings), China Everbright Bank and Olam International were vying for investors’ attention on Wednesday in what is a busy week for dollar issuance in Asia ex-Japan.

The Hong Kong Exchange traversed a difficult financial year, marked on the one hand by sagging trading on the Stock Connect, and on the other a surge in RMB FX derivatives activity. For 2017, HKEX’s chief executive Charles Li said more RMB products are in store.

National Australia Bank (NAB) opened books on its first green bond in euros on Tuesday, timing the new issue to coincide with a strong performance Australian senior bank debt.

Hong Kong’s stock exchange and Saudi Arabian energy company Saudi Aramco are potentially a match made in heaven, according to the bourse's chief executive officer Charles Li.