Asia Pacific

Drug company Jacobson Pharma Corp kicked off bookbuilding this week for its potential HK$753m ($97.1m) listing.

A pair of red chip companies created their respective benchmarks in the Panda bond market this week, raising a combined Rmb5bn ($749m).

Fixed income investors had plenty digest on Thursday with a total of seven Chinese issuers vying for attention. The majority are eyeing dollars but two names are venturing into offshore renminbi.

The International Swaps and Derivatives Association has published a document to help market participants navigate the challenges of trading with counterparties in China.

GlobalCapital announces the results of its first full scale, standalone set of Sustainable and Responsible Capital Markets Awards.

Indiabulls Housing Finance raised Rp13.3bn ($200m) from its maiden Masala bond on Wednesday. The trade was the third public offshore rupee deal from an Indian name and more companies from different sectors are set to follow suit, reckon bankers.

Junson Development International launched a block on Wednesday evening to offload some of its stake in Longfor Properties Co for a potential HK$1.8bn ($232.1m).

China Minsheng Hong Kong International Leasing’s $200m new money loan, which is due to close by the middle of this month, has obtained commitments from three banks on top of the leads.

Korea Development Bank raised $1bn from a dual-tranche offering on Tuesday, achieving one of the narrowest spreads for the country’s issuers since 2008. And by using a pretty aggressive strategy, KDB priced its 10 year at a tighter spread than its three year notes.

China First Capital Group is planning to raise as much as HK$796.2m ($102.7m) from a placement, according to a filing on the Hong Kong Stock Exchange.

The quota system under the RMB qualified foreign institutional investor (RQFII) scheme has undergone a total revamp, the Chinese regulators announced on September 5. While the rules represent a further harmonisation of RQFII and QFII schemes, market participants still see obstacles to Chinese assets entering global indices.

The solar unit of Thai oil refiner Bangchak Petroleum is looking to raise up to Bt5.9bn ($170.7m) from its IPO, announcing the price range on Tuesday.